Property Overview: Kohoku, Yokohama
This property is a land and building share sale located in Kohoku, Yokohama, Kanagawa. The asset type is a house. The base bid price is 5,650,000 yen, with a minimum bid price of 4,520,000 yen. The gross yield is 13.6% and the cap rate is 9.9%.
The property consists of three lots. Property number 1 is a residential land share sale with a registered area of 165.00 square meters. Property number 2 is also a residential land share sale with a registered area of 42.00 square meters. Property number 3 is a building share sale. The building is a steel-reinforced concrete, flat-roofed, two-story structure built in March 1978. The registered floor area is 57.96 square meters on the first floor and 57.96 square meters on the second floor, totaling 115.92 square meters. The layout is a 1DK on the first floor and three rooms plus storage on the second floor. The land right is ownership with others. The zoning is Low Residential Class I, with a building-to-land ratio of 50% and a floor area ratio of 80%.
The property is located in Kohoku, Yokohama, Kanagawa. It is approximately 650 meters east of Shin-Yokohama Station on the JR Yokohama Line. Access is also available via the Tokaido Shinkansen, Yokohama Municipal Subway Line 1 and 3, and the Sotetsu Shin-Yokohama Line, all with Shin-Yokohama Station approximately 0.60 to 0.63 kilometers to the east.
