Property in Kumagaya, Saitama
This property is a land and building package located in Kumagaya, Saitama. The land is registered as residential land with a size of 264.48 square meters. It is zoned as preserved land, with a building-to-land ratio of 60% and a floor area ratio of 200%. The building on the property is a two-story wooden structure with a slate roof. The total registered floor area is 108 square meters, with 54 square meters on each floor. The layout is categorized as 'Others'. The building was constructed in May 1997. The property is being sold through a court auction with a base bid price of 3,520,000 yen. The minimum bid price is set at 2,816,000 yen. The gross yield is calculated at 39.7%, and the cap rate is 28.9%. The earnest money deposit required is 704,000 yen. The property is located approximately 5000 meters north of Kumagaya Station on the JR Takasaki Line and the Chichibu Railway Line. The address is 504-3, Ozone Aza Kita-Ura, Kumagaya City. The property has an ownership land right. The occupant is the debtor and owner.
