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Property information

House: Yamaguchi, Yamaguchi

Asset type
House
Yield
35.2%
Rank
★★☆☆☆
Bid period ended

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Base bid price 192,630,000yen
You could bid above 154,104,000yen

Results

Court classification House
Bid opening Sale
Sale price 165,010,000yen
Winner qualification Corporation
Number of bidders 3

Location

Location Yamaguchi, Yamaguchi
Traffic access on report(japanese) JR山陽本線「本由良」駅 北西方 道路距離 約2.6km 

Property data

Type Land
Property number 1
Address 山口市佐山字村山 5番4
Building number
Registered category Residential land
Actual category
Registered area 49247.56m2
Actual area
Zoning Industrial
Usage
Building to land ratio 60%
Floor area ratio 200%
Type Building
Property number 2
Address 山口市佐山字村山5番地4
Building number 5-4
Registered type Factory・Office
Actual
Registered structure steel structuredsteel plate roofed3 story building
Actual
Registered floor area 1F 4648.15m2,2F 2158.76m2,3F 818.16m2
Actual
Layout Others
Land right Ownership
Occupant debtor・owner
Year/month built 1993/04

Numerical data

Base bid price 192,630,000yen Area 7,625㎡
Cap rate 35.2%
Gross yield 48.4%
Lease demand 10 / 25pt Minimum bid price 154,104,000yen
Ratio of years passed
to depreciable years
128% Earnest money deposit 38,526,000yen

Court data

Case number 2025(M)1 Result 2026/01/20
Court Yamaguchi District Court(Main) Start of viewing 2025/12/17
Sale type Sealed bid auction (1 times) Bid period 2026/01/07 ~ 2026/01/14
Sale decision 2026/02/10
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 192630000yen in court auction is the same as buying the asset out of court auction at 179190000yen(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」.

Bid simulation

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Registration tax 0,000yen Liabilities 0,000yen
Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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Total cost of acquisition 0,000yen

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Projected yield %
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