printout Mansion: Kurume, Fukuoka

Asset type
Apartment
Yield
6.1%
Rank
★★☆☆☆
Bid period ended

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Base bid price 7,240,000yen You could bid above 5,792,000yen
Bid period ended

Results

Court classification Apartment Sale price 8,531,000yen
Bid opening Sale Number of bidders 4
Winner qualification Individual

Location

Location Kurume, Fukuoka
Name of building エバーライフ久留米中央 same apartment.
Traffic access on report(japanese) 西鉄天神大牟田線「西鉄久留米」駅 東方 約440m(直線距離) 西鉄バス「五穀神社」停留所 南方 約90m(直線距離)
Reference(japanese) 西鉄天神大牟田線 櫛原駅 南方 0.70km JR久大本線 南久留米駅 北西方 1.31km 西鉄甘木線 宮の陣駅 南方 1.80km

Property data

Type Apartment building Property number 1
Building number 篠原町 2-5-704
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 7F part 64.55m2 Actual -
Layout 3LDK バルコニー面積9.15m2 Balcony 9.15m2
Service fee etc. 15,800 Land right Ownership
Occupant Yes Year/month built 1996/02
Floor 7F / 14 Total units 78

Numerical data

Cap rate 6.1% Area 64㎡
Gross yield 8.4% Base bid price 7,240,000yen
Lease demand 20 / 25pt Minimum bid price 5,792,000yen
Ratio of years passed
to depreciable years
59% Earnest money deposit 1,448,000yen

Court data

Case number 2023(M)27 Announced 2024/03/19
Court Fukuoka District Court (Kurume) Start of viewing 2024/03/19
Sale type Sealed bid auction (1 times) Bid period 2024/04/03 ~ 2024/04/10
Farm land - Result 2024/04/17
Sale decision 2024/05/01 Special sale -

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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 7240000yen in court auction is the same as buying the asset out of court auction at 6730000yen(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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