printout Mansion: Urawa, Saitama, Saitama

Asset type
Apartment
Yield
8.3%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 7,580,000yen You could bid above 6,064,000yen
Bid period ended

Location

Location Urawa, Saitama, Saitama
Name of building C インフィニティ浦 same apartment.
Traffic access on report(japanese) JR京浜東北線「浦和」駅 北西方 約540m(直線距離)
Reference(japanese) JR京浜東北線 北浦和駅 南方 1.34km JR埼京線 中浦和駅 北東方 1.50km JR武蔵野線 武蔵浦和駅 北方 1.69km

Property data

Type Apartment building Property number 4
Building number 仲町二丁目 143-1-302
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 3F part 43.48m2 Actual -
Layout 2DK Balcony unknown
Service fee etc. 10,800 Land right Ownership
Occupant Yes Year/month built 1990/04
Floor 3F Total units 18

Numerical data

Cap rate 8.3% Area 43㎡
Gross yield 11.4% Base bid price 7,580,000yen
Lease demand 24 / 25pt Minimum bid price 6,064,000yen
Ratio of years passed
to depreciable years
72% Earnest money deposit 1,516,000yen

Court data

Case number 2023(M)223 Announced 2024/05/21
Court Saitama District Court (Main) Start of viewing 2024/05/21
Sale type Sealed bid auction (1 times) Bid period 2024/06/05 ~ 2024/06/12
Farm land - Result 2024/06/19
Sale decision 2024/07/03 Special sale 2024/06/24 ~ 2024/06/28

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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 7580000yen in court auction is the same as buying the asset out of court auction at 7050000yen(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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Others 0,000yen
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