#Japan #Real Estate #Yokohama #List Development #Seiseki-Sakuragaoka

List Development Expands Portfolio

List Development, a subsidiary of List Corporation based in Yokohama, Kanagawa, has announced the successful acquisition of a rental apartment, "Winbell Chorus Seiseki-Sakuragaoka," located within a 10-minute walking distance from Seiseki-Sakuragaoka Station. The transaction is set to be completed by April 24, 2025.

Location and Accessibility

The Winbell Chorus Seiseki-Sakuragaoka is strategically located near the Keio Line's Seiseki-Sakuragaoka station, a stop that is known for its express services. This makes commuting to central Tokyo, particularly to Shinjuku Station, a breeze, taking just about 25 minutes. Given its proximity to Kawasaki Street, the property benefits from high visibility and foot traffic, enhancing safety during night hours—making it a viable option for individuals, especially women living alone.

Property Features and Tenancy

The apartment complex comprises units ranging from 30 to 40 square meters, offering a variety of 1LDK to 2LDK layouts. This versatility caters to a broad demographic, from singles to double-income no kids (DINKS) households. As of April 2025, the occupancy rate has impressively surpassed 90%. However, despite its strong rental appeal, there are areas in need of repair due to age. List Development plans to implement renovations during its ownership period to enhance property value.

Detailed Property Information

• - Location: 10-minute walk from Keio Line "Seiseki-Sakuragaoka" Station
• - Construction Date: May 1997 (28 years old)
• - Building Structure: Steel-reinforced concrete, 11 stories with a flat roof
• - Land Area: 562.94 square meters (approximately 170.28 tsubo)
• - Total Floor Area: 2,006.37 square meters (approximately 606.92 tsubo)
• - Total Units: 51 residential units, 1 commercial space

Future Plans and Vision

List Development aims to further contribute to regional revitalization through its ongoing projects in condominium sales and development, alongside real estate solution services that maximize property value.

Company Overview

• - List Development Co., Ltd.

- Address: 4-47 Onoemachi, Naka-ku, Yokohama, Kanagawa
- Representative: Hiroyuki Kiuchi, President
- Established: May 10, 1991
- Business Summary: Planning, development, and sale of apartments, houses, office buildings, and commercial properties, including brokerage and asset management consulting.
- Website: List Development

• - List Corporation

- Address: 3-35 Onoemachi, Naka-ku, Yokohama, Kanagawa
- Representative: Hisashi Kitami, President
- Founded: May 10, 1991
- Established: May 20, 2016
- Consolidated Revenue: 56.2 billion yen (for fiscal year ending December 2024)
- Business Summary: A holding company focusing on group management operations.
- Website: List Corporation

Since its inception in 1991 as a real estate brokerage firm, List Corporation has engaged in a range of property-related businesses, including residential and commercial development, asset management, and redevelopment. The restructuring in 2016 into a holding company has strengthened its cohesive operation under the "List Group" banner. The company also possesses exclusive rights in Japan for the Sotheby's International Realty brand, leveraging its global network to expand services in locations like Hawaii, Singapore, Hong Kong, and Thailand. Through these efforts, List Group continues to deliver valuable real estate solutions to its customers.