A.D.Works Group Acquires Rental Apartment Building in Uchihommachi, Osaka

A.D.Works Group Co., Ltd. has acquired Aprico, a rental apartment building located in 1-chome Uchihommachi, Chuo Ward, Osaka. The seller was an individual. The asset is a 30-year-old single-asset apartment building. The property is located about a two-minute walk from Tanimachi 4-chome Station on the Osaka Metro Tanimachi Line. It is an 11-story SRC apartment building completed in August 1996, with a Gross Floor Area of approximately 540 tsubo (approx. 19,217 sq. ft.) and a total of 30 units.

Its parent company, A.D.Works Group Co., Ltd. (TSE Prime), primarily operates a business model centered on acquiring aging income-producing properties, enhancing their value through renovations and other improvements, and reselling them to individual investors and high-net-worth buyers.

Uchihommachi in Osaka’s Chuo Ward adjoins the city’s main business district and maintains solid rental demand from single-person and DINK households, making it a location where improved profitability can be expected after value-add renovations.

Key Facts

• Property Name:Aprico

• Buyer:A.D.Works Group Co., Ltd.

• Seller:Individual

• Location:1-1-8 Uchihommachi, Chuo Ward, Osaka, Osaka Prefecture

• Nearest Station:Approx. 2-minute walk from Tanimachi 4-chome Station on the Osaka Metro Tanimachi Line

• Completion:August 1996

• Number of Floors:11F

• Structure:SRC

• Gross Floor Area:Approx. 540 tsubo (approx. 19,217 sq. ft.)

• Total Units:30