Property Overview: Apartment in Kawagoe, Saitama
This property is an apartment unit located in Kawagoe, Saitama, offered through a court auction. The unit is situated on the 5th floor of a 7-story steel-reinforced concrete building constructed in November 1991. The registered layout is a 3LDK with a balcony, and the registered floor area is 49.75 square meters. The property is listed as a residence type with ownership land rights.
The base bid price for this auction property is 3,510,000 yen, with a minimum bid price of 2,808,000 yen. The property has a gross yield of 15.8% and a cap rate of 11.5%. The lease demand score is 21 out of 25 points. The earnest money deposit required is 702,000 yen. The property is being sold as part of a court case, with the sale type listed as a sealed bid auction.
The location is in Kawagoe, Saitama. The traffic access notes indicate the property is approximately 1,400 meters northwest of Minami-Furuya Station on the JR Kawagoe Line. Other nearby stations include Shinkawagoe Station on the Tobu Tojo Line, Kawagoe Station on the JR Kawagoe Line, and Hon-Kawagoe Station on the Seibu Shinjuku Line.
