Property Overview: Kounosu, Saitama
This property listing is for a court auction (sealed bid) in Kounosu, Saitama. The property is a two-story, light steel-framed residence with a stainless steel sheet roof, constructed in February 2007. The total registered floor area is 117.11 square meters, comprising 61.72 square meters on the first floor and 55.39 square meters on the second floor. The layout is categorized as 'Others'. The land, registered as residential land, has an area of 135.12 square meters and is zoned as Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is located at 2652-25 Ningyo 4-chome, Kounosu City, Saitama. The base bid price is set at 11,750,000 yen, with a minimum bid price of 9,400,000 yen. The property is being auctioned by the Saitama District Court under case number 2025(M)314, with a bid deadline of June 17, 2026. The gross yield is listed at 13.8%, and the cap rate at 10.0%. The earnest money deposit required is 2,350,000 yen. The property is currently occupied by the debtor/owner, and the land rights are freehold ownership.
