DOORDO Acquires Rental Apartment Building in Osaka’s Higashiyodogawa Ward

DOORDO has acquired Dream Daido, a rental apartment building in Daido 2-chome, Higashiyodogawa Ward, Osaka. The property is a seven-story reinforced concrete rental apartment building completed in 1997, with a total of 41 units. The seller was an individual.

The property is located a five-minute walk from Daido-Toyosato Station on the Osaka Metro Imazatosuji Line, an eight-minute walk from Zuiko Yonchome Station on the same line, and a 16-minute walk from Kamishinjo Station on the Hankyu Kyoto Line. It has a Gross Floor Area of approximately 718 tsubo (approx. 25,549 sq. ft.).

Buyer DOORDO is a real estate company headquartered in Miyakojima Ward, Osaka. The company handles a broad range of real estate services, including brokerage for purchases and sales, leasing and effective land use. In the Daido and Komagawa areas, it has also been acquiring income-producing properties, including condominium units, suggesting that the acquisition of this mid-sized reinforced concrete residential asset with roughly 20 years of age fits the company’s real estate investment strategy.

Key Facts

• Property Name:

  Dream Daido

• Buyer:

  DOORDO Co., Ltd.

• Seller:

  Individual

• Location:

  2-17-8 Daido, Higashiyodogawa Ward, Osaka

• Access:

  5-minute walk from Daido-Toyosato Station on the Osaka Metro Imazatosuji Line / 8-minute walk from Zuiko Yonchome Station on the Osaka Metro Imazatosuji Line / 16-minute walk from Kamishinjo Station on the Hankyu Kyoto Line

• Completion:

  November 1997

• Number of Floors:

  7F

• Structure:

  Reinforced concrete

• Gross Floor Area:

  Approximately 718 tsubo (approx. 25,549 sq. ft.)

• Total Units:

  41 units