printout Mansion: Kuki, Saitama

Asset type
Apartment
Yield
9.7%
Rank
★★☆☆☆
Bid period ended

Property image

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Property URL

Base bid price 7,920,000yen You could bid above 6,336,000yen
Bid period ended

Location

Location Kuki, Saitama
Name of building 東鷲宮ニュータウン駅前プラザ第ニー5号棟 same apartment.
Traffic access on report(japanese) JR宇都宮線「東鷲宮」駅 北東方 約180m(直線距離)
Reference(japanese) 東武伊勢崎線 鷲宮駅 東方 2.30km JR東北本線 久喜駅 北方 2.68km

Property data

Type Apartment building Property number 1
Building number 桜Rice field三丁目 2-2-127
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 5F part 86.42m2 Actual -
Layout 4LDK バルコニーYes Balcony Yes
Service fee etc. 18,300 Land right Ownership
Occupant debtor・owner Year/month built 1990/03
Floor 5F / 5 Total units 20

Numerical data

Cap rate 9.7% Area 86㎡
Gross yield 13.3% Base bid price 7,920,000yen
Lease demand 20 / 25pt Minimum bid price 6,336,000yen
Ratio of years passed
to depreciable years
72% Earnest money deposit 1,584,000yen

Court data

Case number 2023(M)251 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 7920000yen in court auction is the same as buying the asset out of court auction at 7370000yen(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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