Property Overview: Apartment Unit in Kohoku, Yokohama

This listing presents a 2DK apartment unit located within a building in Kohoku, Yokohama, Kanagawa Prefecture. The property is being offered through a court auction process, with a base bid price of 7,060,000 yen. The unit occupies the first floor of a single-story steel-reinforced concrete building constructed in May 1978. The registered floor area for this unit is 47.17 square meters, complemented by a balcony of approximately 6.1 square meters. The property is part of a larger land share arrangement, with the land located at 408番11, Nakamotohara 1-chome, Kohoku-ku, Yokohama. The land is zoned as High Residential Class II, with a building-to-land ratio of 60% and a floor area ratio of 150%. The building contains a total of 18 units. The property has an occupancy status indicating a current resident is present. The layout is a 2DK configuration. The gross yield is listed at 15.5%, with a cap rate of 11.3%. The lease demand score for this property is 24 out of 25 points. The minimum bid price is set at 5,648,000 yen, and an earnest money deposit of 1,412,000 yen is required. The property is being sold as a land share sale. The address for the building is 横浜市港北区仲手原一丁目408番地11. The property is located approximately 500 meters south of Myorenji Station on the Tokyu Toyoko Line.