Apartment Investment Opportunity in Minami, Yokohama
This property is a steel-reinforced concrete apartment unit located in the Minami ward of Yokohama, Kanagawa Prefecture. The unit is situated on the first floor of a three-story building constructed in August 1992. The total floor area is 49.29 square meters, with a layout of 2LDK. A balcony of 3.49 square meters is included. The property is currently occupied and is being offered via a court auction. The base bid price is 7,070,000 yen, with a minimum bid of 5,656,000 yen. The gross yield is reported at 13.1% and the cap rate at 9.5%. The address is 1386-31 Nagata Higashi 1-chome, Minami-ku, Yokohama-shi, Kanagawa. Access to Keikyu Main Line's Idogaya Station is approximately 450 meters to the northwest. The property is registered as a residence with ownership land rights. A monthly service fee of 18,770 yen applies.
