printout Mansion: Tachikawa, Tokyo

Asset type
Apartment
Yield
7.8%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 10,710,000yen You could bid above 8,568,000yen
Bid period ended

Results

Court classification Apartment Sale price 11,290,013yen
Bid opening Sale Number of bidders 5
Winner qualification Corporation

Location

Location Tachikawa, Tokyo
Name of building ライオンズマンション武蔵砂川 same apartment.
Traffic access on report(japanese) 西武拝島線「武蔵砂川」駅 ほぼ北方 道路距離 約650m(徒歩約8分)
Reference(japanese) 多摩都市モノレール線 桜街道駅 西方 2.12km 西武拝島線 玉川上水駅 西方 2.22km

Property data

Type Apartment building Property number 1
Building number 上砂町五丁目15-1-111
Registered type Residence Actual -
Registered structure Steelconcrete1 story building Actual -
Registered area 1F part 67.92m2 Actual -
Layout 3LDK(LDK,洋Room2,和Room,Bath,Wash room,Restroometc.) Balcony No
Service fee etc. 33,350 Land right Ownership
Occupant debtor・owner Year/month built 1989/01
Floor 1F / 7 Total units 117

Numerical data

Cap rate 7.8% Area 67㎡
Gross yield 10.7% Base bid price 10,710,000yen
Lease demand 20 / 25pt Minimum bid price 8,568,000yen
Ratio of years passed
to depreciable years
74% Earnest money deposit 2,142,000yen

Court data

Case number 2023(M)134 Announced 2024/03/26
Court Tokyo District Court (Tachikawa) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/23
Sale decision 2024/05/10 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 10710000yen in court auction is the same as buying the asset out of court auction at 9960000yen(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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