printout Mansion: Mito, Ibaraki

Asset type
Apartment
Yield
9.8%
Rank
★★☆☆☆
To the bid due3 days left

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Property URL

Base bid price 4,430,000yen You can bid above 3,544,000yen
To the bid due 3 days left

Location

Location Mito, Ibaraki
Name of building ロイヤルビルズ梅香 same apartment.
Traffic access on report(japanese) JR常磐線「水戸」駅 北西方 約900m(道路距離) バス停「千波大橋」 北西方 約300m(道路距離)
Reference(japanese) JR水郡線 水戸駅 西方 0.68km 鹿島臨海鉄道大洗鹿島線 水戸駅 西方 0.78km JR常磐線 偕楽園駅 東方 1.17km

Property data

Type Apartment building Property number 1
Building number 梅香一丁目256-411
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 4F part 59.25m2 Actual -
Layout 3LDK バルコニー南East side Balcony Yes
Service fee etc. 25,070 Land right Ownership
Occupant debtor・owner Year/month built 1996/03
Floor 4F Total units 70

Numerical data

Cap rate 9.8% Area 59㎡
Gross yield 13.5% Base bid price 4,430,000yen
Lease demand 19 / 25pt Minimum bid price 3,544,000yen
Ratio of years passed
to depreciable years
59% Earnest money deposit 886,000yen

Court data

Case number 2023(M)119 Announced 2024/04/10
Court Mito District Court (Main) Start of viewing 2024/04/10
Sale type Sealed bid auction (1 times) Bid period 2024/05/10 ~ 2024/05/17
Farm land - Result 2024/05/24
Sale decision 2024/06/14 Special sale 2024/05/27 ~ 2024/05/28
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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 4430000yen in court auction is the same as buying the asset out of court auction at 4120000yen(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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