Property Overview
This property comprises land and a building located in Maebashi, Gunma Prefecture. The land parcel, registered as residential land, has a registered area of 39.24 square meters and is situated in a Class I residential zoning district. The building-to-land ratio is 60 percent, and the floor area ratio is 200 percent.
The building is a three-story wooden structure with a slate roof. It is classified as a residence and shop. The total registered floor area is 302.32 square meters, with the first floor measuring 161.69 square meters, the second floor 103.23 square meters, and the third floor 37.40 square meters. The actual measured area for the third floor is approximately 71.23 square meters. The layout is categorized as "Others." The building was constructed in November 1996.
An ancillary storage building of approximately 9.93 square meters is also present. The property is offered through a court auction with a base bid price of 1,530,000 yen. The minimum bid price is 1,224,000 yen. The gross yield is reported as 96 percent or more, and the cap rate is 70 percent or more. The property is located in the Horikoshi-cho area of Maebashi. Access to public transportation is available via the Jōmō Electric Railway Line, with the Ōgo Station approximately 600 meters to the north and the Hibutsu Station approximately 1.40 kilometers to the west.
