Property Overview: Maebashi, Gunma
This property is a land and building asset located in Maebashi, Gunma Prefecture, being sold through a court auction. The land is registered as residential land with a category II high residential zoning, offering a building-to-land ratio of 60% and a floor area ratio of 200%. The registered land area is 122.00 square meters.
The building on the property is a two-story wooden structure with a cement tile roof, built in August 1990. The registered floor area is 54.65 square meters on the first floor and 47.20 square meters on the second floor, totaling 101.85 square meters. The layout is classified as "Others," and the property type is a residence. The land right is ownership.
The property is located in Maebashi, Gunma, with access details provided in the Japanese report: approximately 3.6 kilometers southeast of JR Ryomo Line's Maebashi Station by road. The address is 11-7, Asakura-cho 3-chome, Maebashi City. The property is occupied by the debtor/owner.
The base bid price is 4,260,000 yen, with a minimum bid price of 3,408,000 yen. The gross yield is 31.4%, and the cap rate is 22.8%. The earnest money deposit required is 852,000 yen. The case number is 2025(O)28, and the sale type is a sealed bid auction (first time), with a bid period from June 30, 2026, to July 7, 2026. The sale decision is scheduled for August 4, 2026.
