printout Mansion: Kita, Okayama, Okayama

Asset type
Apartment
Yield
6.6%
Rank
★★☆☆☆
To the bid due6 days left

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Property URL

Base bid price 7,703,000yen You can bid above 6,162,400yen
To the bid due 6 days left

Location

Location Kita, Okayama, Okayama
Name of building アマネセール西之町 same apartment.
Traffic access on report(japanese) JR宇野線 大元駅 北西方 直線 約600m
Reference(japanese) 岡山電軌清輝橋線 清輝橋駅 西方 1.77km JR吉備線 備前三門駅 南方 1.87km 山陽新幹線 岡山駅 南西方 1.87km

Property data

Type Apartment building Property number 1
Building number 西之町13-2-505
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 5F part 67.57m2 Actual -
Layout 2LDK Balcony unknown
Service fee etc. 31,000 Land right Ownership
Occupant debtor・owner Year/month built 1996/08
Floor 5F / 10 Total units 41

Numerical data

Cap rate 6.6% Area 67㎡
Gross yield 9.1% Base bid price 7,703,000yen
Lease demand 14 / 25pt Minimum bid price 6,162,400yen
Ratio of years passed
to depreciable years
57% Earnest money deposit 1,550,000yen

Court data

Case number 2023(M)104 Announced 2024/04/12
Court Okayama District Court (Main) Start of viewing 2024/04/12
Sale type Sealed bid auction (1 times) Bid period 2024/05/09 ~ 2024/05/16
Farm land - Result 2024/05/23
Sale decision 2024/06/13 Special sale -
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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 7703000yen in court auction is the same as buying the asset out of court auction at 7170000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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