Property Overview in Maebashi, Gunma
This property is a land and building package located in Maebashi, Gunma Prefecture. The land is registered as residential land with a category of High Residential Class I, covering an area of 285.72 square meters. The building is a two-story wooden structure with a shingle and sand asphalt roof, built in July 2016. The total floor area is 105.04 square meters, comprising 54.24 square meters on the first floor and 50.80 square meters on the second floor. The property features a 5LDK layout and is currently occupied. The land rights are freehold, and the zoning allows for a building-to-land ratio of 60% and a floor area ratio of 200%.
The property is being sold through a court auction with a base bid price of 11,690,000 yen. The minimum bid price is 9,352,000 yen, and the earnest money deposit required is 2,338,000 yen. The auction is a sealed bid type, with a bid period from June 30, 2026, to July 7, 2026. The sale decision is scheduled for August 4, 2026. The property has a gross yield of 11.8% and a cap rate of 8.6%.
The location is in the Sanno-cho area of Maebashi, with access to JR Ryomo Line's Komagata Station approximately 2.5 kilometers to the west, and Maebashi Oshima Station approximately 2.07 kilometers to the southeast. The property is situated in a residential area, suitable for family living or investment purposes.
