Nippon Hotel & Residential Investment Corporation Acquires APA Hotel Gifu-Hashima Ekimae for JPY 920 Million
Nippon Hotel & Residential Investment Corporation announced the acquisition of APA Hotel Gifu-Hashima Ekimae. The property was delivered on September 4, with an acquisition price of JPY 920 million.
The asset is located directly in front of Gifu-Hashima Station on the Tokaido Shinkansen line. Built in 1996, the 11-story hotel has a gross floor area of 2,980.60 square meters (approx. 32,080 sq. ft.) and 146 guest rooms.
Key Facts
Property Name: APA Hotel Gifu-Hashima Ekimae
Buyer: Nippon Hotel & Residential Investment Corporation
Seller: APA Home Co., Ltd.
Transaction Price: JPY 920 million
Location: 72-1 Fukuju-cho Asahira, Hashima-shi, Gifu Prefecture
Nearest Station: Gifu-Hashima Station (Tokaido Shinkansen), 1-minute walk
Completion: October 1996
Number of Floors: 11F
Total Guest Rooms: 146
Gross Floor Area: 2,980.60 sqm (approx. 32,080 sq. ft.)