|Cost per Unit (CPU)||
166 000 $
|Gross Revenue Multiplicator (GRM)||14.2|
|Net Revenue Multiplicator (NRM)||22.6|
|Capitalization Rate (CAP)||
6 units multi-family building located in a roundabout. Construction 2006. 6 x 2 bedrooms apartments, high quality condo style with fireplaces, AC, central vacuums, locker, etc. Very well maintained by the owner. Non smoking and pet free buiding. Very good tenants. 8 parking spaces.
|Heating System||Electric baseboards|
|Hot Water System||Independent tanks|
|Condition of Kitchens||Good condition|
|Condition of Bathrooms||Good condition|
|Floor Covering||Ceramic and hard wood|
|Condition of Roof||Good condition|
|Condition of Balconies||Fiber glass|
|Condition of Doors||Good condition|
|Condition of Windows||Good condition|
|Type of Parking||Exterior|
|Intercom and Bell||No|
|Janitor Agreement||A tenant does snow removal and lawn|
|Number of Stories||2|
|Number of Units||6 x 4.5|
|Number of Parkings||8 spots|
|Responsability of Heating||Tenants|
|Responsability of Hot water||Tenants|
|Responsability of Appliances||Tenants|
|Washer /Dryer Installation||Yes|
|Other Informations||Dishwasher for units 328, 330 & 332|
Roof inspection two years ago. Roof asphalt shingles that has a life of 20 to 25 years.
- Condo quality apartments: central vacuum, air conditioning, air exchanger, gas fireplace.
- Non smoking and no pets building
- Some tenants have been living in the building for several years.
- Each apartment has an outside locker
- 8 parking spaces
The remarks, descriptions, features and financial projections contained in the present document are only for information purposes and should not be considered as being official. The information herein comes from what we consider reliable sources but for which we cannot guarantee the accuracy. It is the buyer’s responsability to verify all the information and to declares himself satisfied or dissatisfied while in the due dilligence process following an accepted promise to purchase.