Property Overview: Apartment in Aoba, Yokohama, Kanagawa
This listing presents a court auction property located in the Susukino area of Aoba Ward, Yokohama, Kanagawa Prefecture. The property is part of a larger apartment complex known as Susukino Daini Danchi Dai3 Jutaku 12-go To. The building, constructed in November 1980, is a steel-reinforced concrete structure with five stories. The specific unit for sale is situated on the second floor.
The property consists of two main components. The first is a residence with a registered floor area of 76.91 square meters, featuring a 3LDK layout. It includes a balcony of approximately 11.59 square meters. The second component is a registered office/conference hall with a floor area of 83.21 square meters, which is a separate unit within the same building. Additionally, there is an ancillary building registered as a pump room with a floor area of 97.00 square meters. The land rights are listed as 'Ownership' for the residence and 'Others' for the office unit.
The property is being sold via a sealed bid auction by the Yokohama District Court. The base bid price is 6,645,000 yen, with a minimum acceptable bid of 5,316,000 yen. The gross yield is estimated at 11.0%, and the cap rate at 8.0%. A service fee of 20,800 yen per month is noted. The location offers access to the Tokyu Den-en-toshi Line's Azamino Station, approximately 2.7 kilometers to the west, with a bus stop for 'Susukino Nichome' about a two-minute walk away. Other nearby stations include Azamino Station on the Yokohama Municipal Subway and Kakiō Station on the Odakyu Odawara Line.
