Property Overview: Apartment in Kamakura, Kanagawa

This property is a 4DK apartment unit located on the 5th floor of an 88-unit, 6-story steel-reinforced concrete apartment building in Kamakura, Kanagawa. The building was constructed in May 1975. The unit has a registered floor area of 59.17 square meters and includes a balcony of 6.30 square meters. A separate ancillary storage unit of 1.65 square meters is also included. The property is part of a land share sale arrangement. The monthly service fee is 28,820 yen. The property is being offered through a court auction with a base bid price of 5,900,000 yen and a minimum bid price of 4,720,000 yen. The gross yield is listed at 15.1% with a cap rate of 11.0%. The bid deadline is June 16, 2026, with a sale decision scheduled for July 6, 2026. The property is located approximately 350 meters southwest of Shonan Monorail's Shonan-Fukasawa Station, with a reference distance of 0.94 kilometers southwest of Shonan-Machiya Station. The address is registered in Kamakura City, with land rights held as ownership. The zoning is designated for industrial use, with a building-to-land ratio of 60% and a floor area ratio of 200%.