Property Overview: Kawaguchi, Saitama
This property is a land and building asset located in Kawaguchi, Saitama, currently being offered through a court auction. The land is classified as residential land with a registered area of 74.04 square meters. The building on the property is a three-story wooden structure with a slate roof, registered as a residence with a total floor area of 99.15 square meters, comprising 38.92 square meters on the first floor, 32.08 square meters on the second floor, and 28.15 square meters on the third floor. The layout is categorized as "Others." The building was constructed in January 2007 and has a building-to-land ratio of 60% and a floor area ratio of 200%. The property is located in a Residential Class I zoning area. The land rights are freehold (ownership), and the current occupant is listed as the debtor/owner. The property includes one building number, 24-42, at the address of 川口市八幡木二丁目. The base bid price is set at 10,870,000 yen, with a minimum bid price of 8,696,000 yen. The property has a gross yield of 19.7% and a cap rate of 14.3%. The auction is a sealed bid type, with a bid period from June 10, 2026, to June 17, 2026, and the sale decision is scheduled for July 8, 2026. The property is situated in Kawaguchi, Saitama, with access to the Saitama Rapid Railway Line's "Minami-Hatogaya" Station approximately 1,090 meters to the east, and the Nippori-Toneri Liner's "Minumadai-Shinsuikoen" Station approximately 2.07 kilometers to the west.
