Apartment Investment Opportunity in Chigasaki, Kanagawa
This property is a 3LDK apartment unit located on the 2nd floor of a 4-story steel-reinforced concrete apartment building in Chigasaki, Kanagawa. The building was constructed in September 1985 and comprises 32 units in total. The unit has a registered floor area of 72.84 square meters on the 2nd floor portion, with a balcony area of 10.25 square meters. The layout is a standard 3LDK configuration, suitable for a family or as an investment rental property.
The property is being offered through a court auction with a base bid price of 18,340,000 yen. The minimum bid price is set at 14,672,000 yen. The listed gross yield is 5.2% and the cap rate is 3.8%, based on the base bid price. A service fee of 35,980 yen per month is applicable. The land right is ownership. The property is currently occupied by the debtor/owner.
Access to public transport is available via the JR Tokaido Main Line, with Tsujido Station approximately 1.7 kilometers to the southwest (road distance). The nearest bus stop is 'Fujimicho', which is a 1-minute walk from the property. Chigasaki Station on the same line is about 2.59 kilometers to the east. The property's address is 5791-1 Fujimicho, Chigasaki City, Kanagawa. The building number is Fujimicho 5791-1-14. The registered type is residence. The property is being auctioned by the Yokohama District Court (Main) under case number 2025(M)388, with a bid deadline of July 14, 2026.
