printout Mansion: Nishi, Niigata, Niigata

Asset type
Apartment
Yield
17.0%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 1,860,000yen You could bid above 1,488,000yen
Bid period ended

Results

Court classification Apartment Sale price 1,622,222yen
Bid opening Sale Number of bidders 1
Winner qualification Individual

Location

Location Nishi, Niigata, Niigata
Name of building リバーハイツ関分 same apartment.
Traffic access on report(japanese) JR越後線「青山」駅 北東方 道路距離 約900m 新潟交通「有明大橋西詰」バス停 約350m
Reference(japanese) JR越後線 関屋駅 西方 0.95km

Property data

Type Apartment building Property number 1
Building number 浦山二丁目1436-23-57
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 6F part 45.55m2 Actual -
Layout 1LDK,バルコニーwith(ca.5.2m2) Balcony ca.5.2m2
Service fee etc. 12,560 Land right Ownership
Occupant debtor・owner Year/month built 1974/04
Floor 6F / 8 Total units 60

Numerical data

Cap rate 17.0% Area 45㎡
Gross yield 23.4% Base bid price 1,860,000yen
Lease demand 16 / 25pt Minimum bid price 1,488,000yen
Ratio of years passed
to depreciable years
104% Earnest money deposit 372,000yen

Court data

Case number 2023(M)33 Announced 2024/03/11
Court Niigata District Court (Main) Start of viewing 2024/03/11
Sale type Sealed bid auction (1 times) Bid period 2024/04/08 ~ 2024/04/15
Farm land - Result 2024/04/22
Sale decision 2024/05/13 Special sale 2024/04/24 ~ 2024/04/26

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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 1860000yen in court auction is the same as buying the asset out of court auction at 1730000yen(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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Others 0,000yen
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