Apartment in Chuo, Chiba for Auction
This property is an apartment unit located in Chuo, Chiba, Chiba Prefecture, offered through a court auction. The apartment is situated on the third floor of a four-story steel-reinforced concrete building constructed in August 1999. The unit has a floor area of 97.69 square meters with a 4LDK layout and a balcony of approximately 10.71 square meters. The monthly service fee is 29,700 yen. The property includes ownership of the land rights, with a share of 9,769 out of 3,053,755 total shares.
The land is zoned as High Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is located in the Aobacho area of Chuo Ward, with the address listed as Chiba City, Chuo Ward, Aobacho 1269-11-302. The building contains 20 total units.
The base bid price for the auction is 15,200,000 yen, with a minimum bid price of 12,160,000 yen. The earnest money deposit required is 3,040,000 yen. The gross yield is listed at 10.3% with a cap rate of 7.5%. The court case number is 2025(M)291, and the auction is a sealed bid type with a bid period from June 10, 2026, to June 17, 2026. The sale decision is scheduled for July 8, 2026.
Transportation access includes Chiba Chihara Line "Chibadera" Station approximately 1.2 km north, with the nearest bus stop being "Chuo Hakubutsukan" to the west. JR Sotobo Line "Honchiba" Station is about 1.30 km east, Chiba Urban Monorail Line 1 "Kencho-mae" Station is about 1.33 km east, and Keisei Chihara Line "Chiba Chuo" Station is about 1.86 km south-east. The property is a land share sale combined with an apartment building unit.
