printout Mansion: Chuo, Fukuoka, Fukuoka

Asset type
Apartment
Yield
4.0%
Rank
★★☆☆☆
Bid period ended

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Property URL

Base bid price 8,840,000yen You could bid above 7,072,000yen
Bid period ended

Location

Location Chuo, Fukuoka, Fukuoka
Name of building ライオンズマンション南薬院 same apartment.
Traffic access on report(japanese) 西鉄天神大牟田線「薬院」駅 南西方 約400m(直線距離) 西鉄バス「新川町」停留所 北東方 約100m(直線距離)
Reference(japanese) 福岡市営地下鉄七隈線 薬院駅 南方 0.38km 西鉄天神大牟田線 西鉄平尾駅 北西方 0.74km

Property data

Type Land Share sale Property number 1
Registered category Residential land Actual category -
Registered area 354.57m2 Actual area -
Zoning Commercial Usage -
Building to land ratio 80% Floor area ratio 400%
Share 10000分-361
Type Apartment building Property number 2
Building number 薬院三丁目71-15
Registered type Residence Actual -
Registered structure steel structuredSteelconcrete1 story building Actual -
Registered area 2F part 42.43m2 Actual -
Layout 2DK,バルコニーca.5.4m2 Balcony ca.5.4m2
Service fee etc. 29,280 Land right Ownership
Occupant debtor・owner Year/month built 1983/01
Floor 2F / 11 Total units 32

Numerical data

Cap rate 4.0% Area 42㎡
Gross yield 5.5% Base bid price 8,840,000yen
Lease demand 25 / 25pt Minimum bid price 7,072,000yen
Ratio of years passed
to depreciable years
87% Earnest money deposit 1,768,000yen

Court data

Case number 2023(O)67 Announced 2024/06/04
Court Fukuoka District Court (Main) Start of viewing 2024/06/04
Sale type Sealed bid auction (1 times) Bid period 2024/06/19 ~ 2024/06/26
Farm land - Result 2024/07/02
Sale decision 2024/07/17 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 8840000yen in court auction is the same as buying the asset out of court auction at 8220000yen(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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