Property Overview: Auction Property in Miyamae, Kawasaki
This property is a court auction listing located in Miyamae, Kawasaki, Kanagawa Prefecture. The asset consists of both land and a building. The land is a residential plot with a registered area of 90.71 square meters, classified as Category 1 Residential Zone. The building-to-land ratio is 60%, and the floor area ratio is 200%.
The building is a three-story, flat-roofed structure made of steel. Its total registered floor area is 141.62 square meters, distributed across the first floor (48.80 sqm), second floor (46.41 sqm), and third floor (46.41 sqm). The layout includes four 1K apartment units and a warehouse space. The building was constructed in July 1989.
The property is currently occupied. Access to public transportation is via the Tokyu Den-en-toshi Line, with Miyazakidai Station approximately 1.1 kilometers to the southeast, and Miyamaedaira Station about 1.31 kilometers to the southeast. The Yokohama Municipal Subway Line 4's Kitayama Station is roughly 2.15 kilometers to the north. The base bid price is set at 18,660,000 yen, with a minimum bid price of 14,928,000 yen. The gross yield is listed at 18.7%, and the cap rate is 13.6%.
