Apartment Investment Opportunity in Kawaguchi, Saitama

This property is a 2LDK apartment unit located within a 48-unit apartment building in Kawaguchi, Saitama. The building is a steel-reinforced concrete structure with one story, and the unit is situated on the third floor. Constructed in February 1993, the apartment has a registered floor area of 50.56 square meters and includes a balcony. The layout is 2LDK, and the property comes with ownership of the land rights. A monthly service fee of 18,300 yen is applicable.

The property is being offered through a court auction with a base bid price of 6,120,000 yen. The minimum acceptable bid is 4,896,000 yen. The gross yield is calculated at 14.3%, with a cap rate of 10.4%. An earnest money deposit of 1,224,000 yen is required. The property is located in the Kawaguchi area of Saitama Prefecture. The nearest train station is JR Keihin-Tohoku Line's Warabi Station, which is approximately 2,860 meters to the northeast in a straight line. Other nearby stations include JR Musashino Line's Higashi-Urawa Station and the Saitama Rapid Railway Line's Araijuku Station. The property address is 1197-1, Aza Kojima, Oaza Anyo Ryo Negishi, Kawaguchi City.