Property Overview: Apartment in Wako, Saitama
This property is an apartment unit located in Wako City, Saitama Prefecture. The unit is situated on the second floor of an eight-story reinforced concrete apartment building, which was constructed in February 1995. The apartment has a registered floor area of 55.07 square meters and features a 2LDK layout. A balcony is included with the unit.
The property is currently being offered through a court auction process. The base bid price is set at 9,280,000 yen, with a minimum bid price of 7,424,000 yen. The gross yield is calculated at 10.9%, and the cap rate is 7.9%. The land right associated with this property is ownership (freehold).
The property address is 2386-1 Minami 1-chome, Wako City, Saitama. The nearest train stations include Narimasu Station on the Tobu Tojo Line, located approximately 1,450 meters to the southwest, and Chikatetsu Narimasu Station on the Tokyo Metro Yurakucho Line, about 1.35 kilometers to the west. Wako City Station on the Tobu Tojo Line is approximately 1.72 kilometers to the south.
The total number of units in the building is 95. A monthly service fee of 25,110 yen is applicable. The property is registered as a residence. The court case number is 2025 (M) 313, and the bid deadline is June 17, 2026.
