Investment Property in Kohoku, Yokohama
This property, located in the Kohoku district of Yokohama, Kanagawa Prefecture, is a two-story wooden apartment building with a slate roof. The building, constructed in November 1986, comprises ten residential units. The layout of each unit on the first floor is 1K plus a loft, with the same configuration on the second floor, resulting in a total of ten units. The total floor area is 149.94 square meters, with each floor measuring 74.97 square meters. The land size is 144.24 square meters. The property is designated as residential land within a Class I residential zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land ownership is freehold. The property is currently occupied. The base bid price is 24,390,000 yen, with a minimum bid price of 19,512,000 yen. The gross yield is calculated at 16.4%, and the cap rate is 11.9%. The property is being sold via a sealed bid auction by the Yokohama District Court, with a bid deadline of July 14, 2026. The property is located approximately 490 meters south of Takata Station on the Yokohama Municipal Subway Green Line. Additional nearby stations include Hiyoshi-Honcho Station (1.30 km west), Tsunashima Station (1.73 km northwest), and Nippa Station (2.23 km north).
