Investment Auction Property in Kohoku, Yokohama
This property is a two-story wooden apartment building located in the Kohoku area of Yokohama, Kanagawa Prefecture. Constructed in November 1986, the building has a slate roof and offers a total floor area of 111.66 square meters. The layout consists of eight units, each configured as a 1K plus loft, with four units on the first floor and four on the second floor. The land is zoned as Category I residential, with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is being sold via court auction with a base bid price of 18,350,000 yen. The gross yield is listed at 16.2%, and the cap rate is 11.8%. The property is currently occupied. The address is 2-835-32 Shinyoshida Higashi, Kohoku-ku, Yokohama, Kanagawa. The nearest station is Takata Station on the Yokohama Municipal Subway Green Line, located approximately 490 meters to the south. Other nearby stations include Hiyoshi-Honcho Station (1.30 km west), Tsunashima Station on the Tokyu Toyoko Line (1.72 km northwest), and Niwa Station (2.22 km north). The land area is 111.71 square meters, and the property is classified as residential land. The building structure is wooden. The case number is 2025 (M) 199, and the bid deadline is July 14, 2026.