Property Overview: Land and Building in Fujisawa, Kanagawa
This asset comprises a residential land parcel and a two-story wooden building located in the Tsujido Motomachi area of Fujisawa City, Kanagawa Prefecture. The property is being offered through a court auction process, with a base bid price of 13,136,000 yen. The main land parcel, designated as Residential Class I, has a registered area of 102.24 square meters. Additional small parcels are registered as public road shares. The building, constructed in December 1995, features a wooden structure with a slate roof and has a total floor area of 89.42 square meters, spread across two floors with a 4LDK layout. The property includes ownership rights to the land. The gross yield is calculated at 14.0%, with a cap rate of 10.2% based on the base bid price. The auction is being handled by the Yokohama District Court, with a bid deadline of June 30, 2026.
