printout Mansion: Naka, Nagoya, Aichi

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

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Property URL

Base bid price 14,490,000yen You could bid above 11,592,000yen
Bid period ended

Results

Court classification Apartment Sale price 22,000,000yen
Bid opening Sale Number of bidders 13
Winner qualification Corporation

Location

Location Naka, Nagoya, Aichi
Name of building シティコーボ千代田 same apartment.
Traffic access on report(japanese) 地下鉄鶴舞線「鶴舞」駅 南西方 道路距離 約500m
Reference(japanese) JR中央本線 鶴舞駅 南西方 0.62km 名古屋市営地下鉄名城線 上前津駅 南東方 0.80km

Property data

Type Apartment building Property number 1
Building number 千代Rice field三丁目 3107-1-75
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 14F part 76.78m2 Actual -
Layout 3LDK・Sunroom 南側andEast sideバルコニー Balcony Yes
Service fee etc. 25,900 Land right Ownership
Occupant debtor・owner Year/month built 1993/07
Floor 14F Total units 78

Numerical data

Cap rate 7.4% Area 76㎡
Gross yield 10.2% Base bid price 14,490,000yen
Lease demand 23 / 25pt Minimum bid price 11,592,000yen
Ratio of years passed
to depreciable years
63% Earnest money deposit 2,898,000yen

Court data

Case number 2023(M)239 Announced 2024/03/26
Court Nagoya District Court (Main) Start of viewing 2024/03/26
Sale type Sealed bid auction (1 times) Bid period 2024/04/10 ~ 2024/04/17
Farm land - Result 2024/04/24
Sale decision 2024/05/15 Special sale 2024/05/01 ~ 2024/05/01

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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 14490000yen in court auction is the same as buying the asset out of court auction at 13480000yen(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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