Property Overview: Auction Apartment in Kita, Osaka
This property is a studio-style apartment unit located on the 8th floor of a 14-story steel-reinforced concrete building in the Nagara Higashi area of Kita Ward, Osaka City, Osaka Prefecture. The unit is designated as number 807 and offers a floor plan of 1LDK with a registered floor area of 68.78 square meters. The building was constructed in November 1982 and comprises 88 total units. The property is being offered through a sealed bid court auction, with a base bid price of 19,400,000 yen and a minimum acceptable bid of 15,520,000 yen. The gross yield is listed at 7.7%, and the cap rate is 5.6%. The property is subject to a monthly service fee of 21,990 yen. The land right is ownership. The auction is scheduled for a bid period from June 17, 2026, to June 25, 2026, with a sale decision date of July 16, 2026, and is handled by the Osaka District Court. The property is currently occupied by the debtor or owner. The address is 2-28-24 Nagara Higashi, Kita Ward, Osaka City.
