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Property information

House: Gozen, Niigata

Asset type
House
Yield
9.1%
Rank
★☆☆☆☆
Bid deadline is 2025/12/02

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Base bid price 8,400,000yen
You can bid above 6,720,000yen

Location

Location Gozen, Niigata
Traffic access on report(japanese) JR磐越西線「五泉」駅 東方 道路距離 約300m 
Reference(japanese) JR磐越西線 北五泉駅 南東方 1.71km

Property data

Type Land
Property number 6
Address 五泉市駅前二丁目 651番1
Building number
Registered category Residential land
Actual category
Registered area 149.40m2
Actual area
Zoning Semi-industrial
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Land
Property number 7
Address 五泉市駅前二丁目 652番1
Building number
Registered category Residential land
Actual category
Registered area 314.28m2
Actual area
Zoning Semi-industrial
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 10
Address 五泉市駅前二丁目652番地1
Building number 652-1
Registered type Warehouse
Actual
Registered structure steel structuredZinc-coated steel sheetroofedOne-story
Actual
Registered floor area 102.74m2
Actual ca.127.74m2
Layout Warehouse
Land right Ownership
Occupant debtor・owner
Year/month built 1987/12

Numerical data

Base bid price 8,400,000yen Area 127㎡
Cap rate 9.1%
Gross yield 12.5%
Lease demand 13 / 25pt Minimum bid price 6,720,000yen
Ratio of years passed
to depreciable years
148% Earnest money deposit 1,680,000yen

Court data

Case number 2025(M)51 Result 2025/12/08
Court Niigata District Court(Main) Start of viewing 2025/10/28
Sale type Sealed bid auction (1 times) Bid period 2025/11/25 ~ 2025/12/02
Sale decision 2025/12/22 Special sale 2025/12/10 ~ 2025/12/12
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Analysis data

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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 8400000yen in court auction is the same as buying the asset out of court auction at 7810000yen(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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