printout Mansion: Moriyama, Shiga

Asset type
Apartment
Yield
14.5%
Rank
★★★☆☆
Bid period ended

Property image

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Property URL

Base bid price 1,740,000yen You could bid above 1,392,000yen
Bid period ended

Location

Location Moriyama, Shiga
Name of building 琵琶湖アーバンリゾート1番館 same apartment.
Traffic access on report(japanese) JR東海道本線「守山」駅 北西方 道路距離 約11,000m 最寄バス停「第一なぎさ公園」 北西方 約100m
Reference(japanese) -

Property data

Type Apartment building Property number 1
Building number 今浜町 2620-99-216
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 2F part 38.24m2 Actual -
Layout 1LDK バルコニー南East side8.33m2 Balcony 8.33m2
Service fee etc. 15,430 Land right Ownership
Occupant Yes Year/month built 1989/11
Floor 2F / 15 Total units 383

Numerical data

Cap rate 14.5% Area 38㎡
Gross yield 19.9% Base bid price 1,740,000yen
Lease demand 20 / 25pt Minimum bid price 1,392,000yen
Ratio of years passed
to depreciable years
72% Earnest money deposit 348,000yen

Court data

Case number 2024(M)2 Announced 2024/06/04
Court Otsu District Court (Main) Start of viewing 2024/06/04
Sale type Sealed bid auction (1 times) Bid period 2024/06/18 ~ 2024/06/25
Farm land - Result 2024/07/02
Sale decision 2024/07/23 Special sale 2024/07/05 ~ 2024/07/05

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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 1740000yen in court auction is the same as buying the asset out of court auction at 1620000yen(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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Eviction etc. 0,000yen Renovations 0,000yen
Others 0,000yen
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