Property Overview: Apartment in Izumi, Yokohama
This property is a residential apartment unit located in Izumi, Yokohama, Kanagawa Prefecture. The apartment is part of a larger building constructed in October 1989, featuring a steel-reinforced concrete structure with 10 floors above ground. The unit is situated on the 4th floor and offers a floor plan of 3LDK plus a storage room, with a total floor area of 111.50 square meters. The balcony measures 23.65 square meters. The property includes a monthly service fee of 24,750 yen. Land rights are freehold (ownership). The address is 1497-2, 1500-2, 1500-10 Take no Hana, Okatsu-cho, Izumi-ku, Yokohama-shi, Kanagawa. Access information from the listing indicates the nearest train station is Yayoidai Station on the Sotetsu Izumino Line, approximately 2.1 kilometers to the southeast by road, and the Ryouke Bus Stop is about a 5-minute walk away. The property is being sold via court auction with a base bid price of 13,030,000 yen and a minimum bid of 10,424,000 yen. The listing provides a gross yield of 13.3% and a cap rate of 9.7%.