Property Overview: Ichikawa Apartment Building
This property is an apartment building located in Ichikawa, Chiba. The building is a single-story steel structure constructed in April 1991. It comprises 12 residential units, each with a layout of 1R plus a loft. The registered area for the first-floor portion is 16.08 square meters. The property is currently occupied. The land ownership type is freehold. A monthly service fee of 5,000 yen is applicable. The base bid price is set at 1,920,000 yen, with a minimum bid of 1,536,000 yen. The gross yield is calculated at 15.7%, and the cap rate is 11.4%. The property is being offered through a sealed bid auction by the Chiba District Court, with the bid deadline set for June 17, 2026.