Foreclosed Apartment in Sakae, Yokohama, Kanagawa

This property is a 3LDK apartment unit located on the 7th floor of a 10-story steel-reinforced concrete building constructed in February 2003. The unit has a registered floor area of 86.28 square meters and a balcony measuring 52.58 square meters. The address is 53-2-704 Nakano-cho, Sakae-ku, Yokohama, Kanagawa. The property is part of a larger complex with 81 total units. The land right is ownership. A monthly service fee of 57,120 yen is applicable. The property is being sold through a court auction by the Yokohama District Court, with a base bid price of 27,120,000 yen. The minimum bid price is 21,696,000 yen. The earnest money deposit required is 5,424,000 yen. The property is currently occupied by the debtor/owner. The gross yield is listed at 3.7%, with a cap rate of 2.7%. The case number is 2025(O)164. The bid deadline is June 16, 2026. The property is located in Sakae, Yokohama, with access to JR Negishi Line's Hongodai Station approximately 1,100 meters to the southeast. The bus stop 'Hongodai Elementary School' is about a 4-minute walk north. Konandai Station on the same line is approximately 1.74 kilometers to the southwest.