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Property information

Mansion: KokuraMinami, KitaKyushu, Fukuoka

Asset type
Apartment
Yield
5.1%
Rank
★★☆☆☆
Bid deadline is 2025/11/19

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Base bid price 10,570,000yen
You can bid above 8,456,000yen

Location

Location KokuraMinami, KitaKyushu, Fukuoka
Traffic access on report(japanese) 都市モノレール小倉線「北方」駅 南東方 約300m(直線距離) 西鉄バス「北方一丁目」停留所 北東方 約100m(直線距離) 
Reference(japanese) 北九州高速鉄道 競馬場前駅 北東方 0.75km JR日田彦山線 城野駅 南西方 1.17km JR日豊本線 城野駅 南西方 1.17km

Property data

Type Apartment building
Property number 1
Address 北九州市小倉南区北方一丁目 900番地2
Building number 北方一丁目 900-2-1301
Registered type Residence
Actual
Registered structure steel structuredSteelconcrete1story building
Actual
Registered area 14F part 69.33m2
Actual
Layout 4LDK,バルコニーca.18.8m2
Balcony ca.18.8m2
Service fee etc. 9,860
Land right Ownership
Occupant debtor・owner
Year/month built 1996/11
Floor 14F / 15 Total units 65

Numerical data

Base bid price 10,570,000yen Area 69㎡
Cap rate 5.1%
Gross yield 7.0%
Lease demand 16 / 25pt Minimum bid price 8,456,000yen
Ratio of years passed
to depreciable years
61% Earnest money deposit 2,114,000yen

Court data

Case number 2025(M)70 Result 2025/11/26
Court Fukuoka District Court(Kokura) Start of viewing 2025/10/28
Sale type Sealed bid auction (1 times) Bid period 2025/11/12 ~ 2025/11/19
Sale decision 2025/12/10
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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 10570000yen in court auction is the same as buying the asset out of court auction at 9830000yen(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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