Court Auction Property in Koshigaya, Saitama
This listing presents a property located in Koshigaya, Saitama, being offered through a court auction process. The asset type is land with a building, categorized as a house. The property is situated in the Minami-Ogishima area of Koshigaya City. The land is zoned as Low Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 100%. The registered land area is 107.72 square meters. The building is a two-story wooden structure with a slate roof, registered as a residence. The total floor area is 96.88 square meters, comprising 52.17 square meters on the first floor and 44.71 square meters on the second floor. The layout is listed as 'Others'. The property was built in March 1994. The land right is ownership. The base bid price is 7,160,000 yen, with a minimum bid price of 5,728,000 yen. The gross yield is calculated at 24.1%, and the cap rate at 17.5%. The auction is scheduled by the Saitama District Court (Koshigaya), with a bid deadline of June 24, 2026. The property is being sold as a sealed bid auction. An earnest money deposit of 1,432,000 yen is required. The property is located approximately 1.5 kilometers west of Kitakoshigaya Station on the Tobu Isesaki Line, and about 150 meters west of the Tsutsumine bus stop.