Property Overview: Auction Land and Building in Sakae, Yokohama
This property is a court auction listing located in Sakae Ward, Yokohama, Kanagawa Prefecture. The asset consists of residential land and a wooden building, offered through a sealed bid auction by the Yokohama District Court. The base bid price is set at 19,720,000 yen, with a minimum acceptable bid of 15,776,000 yen. The property is currently occupied, and the bid deadline is June 30, 2026.
The land is registered as residential land with a registered area of 208.54 square meters. It is zoned as Low Residential Class I, with a building-to-land ratio of 50% and a floor area ratio of 80%. The building on the property is a two-story wooden structure with a tile and copper sheet roof. The registered total floor area is 179.18 square meters, comprising 101.76 square meters on the first floor and 77.42 square meters on the second floor. The layout includes six rooms plus a dining-kitchen area and two storage spaces. The building was constructed in September 1988. An ancillary garage is registered but does not currently exist on the property.
The property is located at 2035-22 Kamei-cho, Sakae-ku, Yokohama. Access information, provided in Japanese, indicates the property is approximately 2.4 kilometers southwest of Konandai Station on the JR Negishi Line, and about a six-minute walk from the Hanakago Koen-mae bus stop. The gross yield is listed at 17.7%, with a cap rate of 12.9%.
