Complete Listing

3165 - 3185 Louis-Pasteur, Trois-Rivières

Cost per Unit (CPU)
84 000 $
Gross Revenue Multiplicator (GRM) 11.8
Net Revenue Multiplicator (NRM) 22.6
Capitalization Rate (CAP)
4.4 %

32 units (2x16 log.) in concrete located in a prime area of Trois-Rivières. The buildings consist of 7x5.5 + 16x4.5 + 7x3.5 + 2 studios. The electric heating is paid by the tenant or the owner and the central system for hot water is paid by the owner. Laminated and ceramic floors. Inputs washer / dryer for 4.5 and 5.5 and laundry for 3.5.

Cartography

Map

Property description

Features

Heating System Electric baseboards
Hot Water System 8 central tanks 60 gal. (4 per building)
Electrical Pannels Breakers
Plumbing Pex, copper and abs
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Laminated and ceramic
Environmental Study Yes in 2009
Condition of Roof Elastomeric membrane (approx. 2004)
Siding Brick
Condition of Balconies Fiberglass
Condition of Doors Changed in 2016
Condition of Windows Changed in 2016
Type of Parking Exterior
Intercom and Bell Intercom
Fire System Yes, not connected but checked
Janitor Agreement No janitor

Construction

Year Built 1973
Building Type Detached
Construction Type Concrete
Number of Stories 3
Other Informations

Building type

Number of Units 7x5.5 + 16x4.5 + 7x3.5 + 2 studios
Number of Parkings 50 places
Responsability of Heating Owner / tenants
Responsability of Hot water Owner
Responsability of Appliances Owner
Washer /Dryer Installation Yes for the 4.5 and 5.5
Laundry Yes for the 3.5 and studios
Other Informations

Significant capital expenditures since 10 years

  • Balcony floor covering replaced in 2012 (fiberglass)
  • Patio doors changed in 2016 (Fenplast)
  • Windows changed in in 2016 (Fenplast)

Other informations

Take not that in the assessment role, the number of units is 30. However, there are currently 32 units in the buildings

THE SALE IS MADE WITHOUT LEGAL WARRANTY OF QUALITY TO THE RISKS AND PERILS OF THE BUYER

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.

Financial information

Rent roll

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