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Property information

Mansion: Shunan, Yamaguchi

Asset type
Apartment
Yield
24.4%
Rank
★★☆☆☆
Bid deadline is 2026/02/09

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Base bid price 1,647,000yen
You can bid above 1,317,600yen

Location

Location Shunan, Yamaguchi
Traffic access on report(japanese) JR山陽本線「徳山」駅 北東方 道路距離 約1.2km 「二番町角」バス停 北西方 道路距離 約280m 
Reference(japanese) JR岩徳線 徳山駅 北東方 1.08km 山陽新幹線 徳山駅 北東方 1.12km

Property data

Type Apartment building
Property number 1
Address 周南市毛利町三丁目37番地1
Building number 毛利町三丁目37-1-101
Registered type Residence
Actual
Registered structure Steelconcrete1story building
Actual
Registered area 1F part 58.04m2
Actual
Layout 3DK
Balcony unknown
Service fee etc. 12,200
Land right Ownership
Occupant debtor・owner
Year/month built 1976/01
Floor 1F / 9 Total units 168

Numerical data

Base bid price 1,647,000yen Area 58㎡
Cap rate 24.4%
Gross yield 33.6%
Lease demand 11 / 25pt Minimum bid price 1,317,600yen
Ratio of years passed
to depreciable years
106% Earnest money deposit 329,400yen

Court data

Case number 2024(M)7 Result 2026/02/12
Court Yamaguchi District Court(Shunan) Start of viewing 2026/01/13
Sale type Sealed bid auction (2 times) Bid period 2026/02/03 ~ 2026/02/09
Sale decision 2026/03/05
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Analysis data

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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 1647000yen in court auction is the same as buying the asset out of court auction at 1530000yen(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」.

Bid simulation

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