Property Overview in Kamogawa, Chiba
This property listing presents a unique opportunity in Kamogawa, Chiba, featuring a combination of land parcels and a residential building. The property is being offered through a court auction, with a base bid price of 6,330,000 yen. The asset includes multiple land shares and a two-story wooden structure with a slate roof, built in October 2003. The registered floor area totals 95 square meters, spread across a first floor of 48 square meters and a second floor of 47 square meters, with a 3LDK plus storage layout. The land rights are ownership, and the property sits on a registered residential land area of 161.17 square meters. Additional land parcels include shares of public roads. The building's structure is classified as wooden, slate-roofed, and two stories. The property is located in the Hanabusa area of Kamogawa, with access details including a distance of approximately 2.3 kilometers northwest from JR Uchibo Line Awa-Kamogawa Station and JR Sotobo Line Awa-Kamogawa Station. The nearest bus stop is 'Fukushi Center Mae,' about 300 meters to the southeast. The zoning is Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property has a gross yield of 20.1% and a cap rate of 14.6%. The court case number is 2024(O)66, with the bid deadline set for June 17, 2026. The property is currently occupied by the debtor/owner.