printout Mansion: Okazaki, Aichi

Asset type
Apartment
Yield
7.4%
Rank
★☆☆☆☆
Bid period ended

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Property URL

Base bid price 5,240,000yen You could bid above 4,192,000yen
Bid period ended

Results

Court classification Apartment Sale price 6,500,000yen
Bid opening Sale Number of bidders 2
Winner qualification Corporation

Location

Location Okazaki, Aichi
Name of building キングスコート朝日 same apartment.
Traffic access on report(japanese) 名鉄名古屋本線「東岡崎」駅 北東方 道路距離 約1.2km 名鉄バス「中町」停留所 南方 道路距離 約210m
Reference(japanese) 名鉄名古屋本線 男川駅 北方 1.85km 愛知環状鉄道線 中岡崎駅 東方 2.28km

Property data

Type Apartment building Property number 1
Building number 朝日町三丁目 24-11
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 7F part 53.46m2 Actual -
Layout 2LDK,バルコニー,ルーフバルコニーYes Balcony Yes
Service fee etc. 19,860 Land right Ownership
Occupant Yes Year/month built 1985/10
Floor 7F / 7 Total units 12

Numerical data

Cap rate 7.4% Area 53㎡
Gross yield 10.2% Base bid price 5,240,000yen
Lease demand 13 / 25pt Minimum bid price 4,192,000yen
Ratio of years passed
to depreciable years
80% Earnest money deposit 1,048,000yen

Court data

Case number 2023(O)37 Announced 2024/03/19
Court Nagoya District Court (Okazaki) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/04 ~ 2024/04/11
Farm land - Result 2024/04/18
Sale decision 2024/05/08 Special sale 2024/04/24 ~ 2024/04/24

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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 5240000yen in court auction is the same as buying the asset out of court auction at 4870000yen(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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