Apartment Building in Aiokawa, Kanagawa
This property is an apartment building located in Aiokawa, Kanagawa Prefecture, specifically at Aiko District Aikawa Town Nakatsu. The building was constructed in January 1980 and features a steel-structured concrete design with one story. The total floor area is 39.31 square meters, and the layout is a 3K. The property includes a balcony and has a monthly service fee of 18,690 yen. The land rights are ownership, and the property is currently occupied by the debtor and owner. The land area is 1,398.84 square meters with a semi-industrial zoning designation. The building-to-land ratio is 60%, and the floor area ratio is 200%. The property is being sold as a land share sale. Access involves a bus ride from Hon-Atsugi Station on the Odakyu Odawara Line, followed by a walk of about 4 minutes from the Sakamoto Entrance bus stop or about 5 minutes from the Nishi 1-chome bus stop. The base bid price is 1,120,000 yen, with a minimum bid price of 896,000 yen. The gross yield is 24.1%, and the cap rate is 17.5%. The property is part of a court auction case with a bid deadline of June 11, 2026.
