List Development Acquires Rental Apartment Property Within Walking Distance of Yokohama Station
List Development acquired The Residence Yokohama Takashimacho, currently Estart Yokohama Takashimacho, an en-bloc rental apartment property in Tobe-honcho, Nishi Ward, Yokohama, on June 23, 2026.
The property was completed in December 2022 and has 11 floors above ground, with a total of 36 units. The units consist of 1LDK to 3LDK layouts, with exclusive areas ranging from 38 square meters (approx. 409 sq. ft.) to 55 square meters (approx. 592 sq. ft.). It is located a two-minute walk from Takashimacho Station on the Yokohama Municipal Subway Blue Line and an 11-minute walk from Yokohama Station on the Keikyu Main Line.
Average asking rents for rental apartments within a 10-minute walk of Takashimacho Station have increased by approximately 18% over the past three years, from about JPY 11,700 per tsubo to about JPY 13,900 per tsubo, according to research by the editorial team based on estie Residential Research. List Development decided to acquire the property after determining that it can be expected to maintain and improve its asset value over the medium to long term, given its highly convenient transportation access and diverse unit plans.
List Development acquires income-producing real estate and operates a real estate solutions business, mainly in the Tokyo metropolitan area and central Tokyo. In May 2026, the company acquired a rental apartment property in Omori, Ota Ward, and is continuing to expand its portfolio in the Tokyo metropolitan area.（see related article:List Development Acquires Rental Apartment Property in Omori）
Key Facts
- Property Name: The Residence Yokohama Takashimacho (current name: Estart Yokohama Takashimacho)
- Buyer: List Development Co., Ltd.
- Seller: Under confirmation
- Acquisition Date: June 23, 2026
- Type of Acquired Asset: Trust beneficiary interest
- Location: 38-13 Tobe-honcho, Nishi Ward, Yokohama, Kanagawa Prefecture
- Nearest Stations: Two-minute walk from Takashimacho Station on the Yokohama Municipal Subway Blue Line / four-minute walk from Tobe Station on the Keikyu Main Line / 11-minute walk from Yokohama Station on the Keikyu Main Line
- Completion: December 2022
- Number of Floors: 11F, reinforced concrete structure
- Area: Site area of approximately 95 tsubo (approx. 3,400 sq. ft.) / Gross Floor Area of approximately 544 tsubo (approx. 19,400 sq. ft.)
- Total Units: 36
- Layouts: 1LDK / 1SLDK / 2LDK / 3LDK
- Exclusive Area: 37.92 square meters (approx. 408 sq. ft.) to 54.89 square meters (approx. 591 sq. ft.)