printout Mansion: Mizuho, Nagoya, Aichi

Asset type
Apartment
Yield
13.1%
Rank
★★☆☆☆
To the bid due7 days left

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Property URL

Base bid price 5,660,000yen You can bid above 4,528,000yen
To the bid due 7 days left

Location

Location Mizuho, Nagoya, Aichi
Name of building シティコーボ新開 same apartment.
Traffic access on report(japanese) 名鉄名古屋本線「堀田」駅 北方 道路距離 約600m
Reference(japanese) 名鉄常滑線 神宮前駅 東方 0.69km 名鉄名古屋本線 神宮前駅 東方 0.69km 名古屋市営地下鉄名城線 堀田駅 北方 0.96km

Property data

Type Apartment building Property number 4
Building number 新開町 1204-5
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 2F part 70.41m2 Actual -
Layout 2LDK East sideバルコニー Balcony Yes
Service fee etc. 24,880 Land right Ownership
Occupant Yes Year/month built 1991/02
Floor 2F / 7 Total units 23

Numerical data

Cap rate 13.1% Area 70㎡
Gross yield 18.0% Base bid price 5,660,000yen
Lease demand 19 / 25pt Minimum bid price 4,528,000yen
Ratio of years passed
to depreciable years
70% Earnest money deposit 1,132,000yen

Court data

Case number 2023(M)267 Announced 2024/06/11
Court Nagoya District Court (Main) Start of viewing 2024/06/11
Sale type Sealed bid auction (1 times) Bid period 2024/06/26 ~ 2024/07/03
Farm land - Result 2024/07/10
Sale decision 2024/07/24 Special sale 2024/07/17 ~ 2024/07/17
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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 5660000yen in court auction is the same as buying the asset out of court auction at 5270000yen(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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