Complete Listing

Portfolio Nicolyn, Trois-Rivières

21 500 000 $

Cost per Unit (CPU)
77 000 $
Gross Revenue Multiplicator (GRM) 10.7
Net Revenue Multiplicator (NRM) 18.9
Capitalization Rate (CAP)
5.3 %

Magnificent real estate park of 280 units which benefits from a very good location in the Trois-Rivières area. There is a 160 unit ( 10x16 log,) two sites of 33 units, a 33 unit building and 22 units in 4 buildings on different streets. Lots of renovations in recent years including roofs and housing completely redone. A quality investment!

Cartography

Map

Property description

Features

Heating System Electric
Hot Water System Electric
Electrical Pannels Breakers and fuses
Plumbing Copper, pex and ABS
Condition of Kitchens Good condition
Condition of Bathrooms Good condition
Floor Covering Wood, laminated, vinyl and ceramic
Environmental Study Yes
Condition of Roof Majority in elastomeric membrane
Siding Stones, brick and vinyl
Condition of Balconies Good condition
Condition of Doors Good condition
Condition of Windows Good condition
Type of Parking Exterior asphalted
Intercom and Bell No
Fire System No
Janitor Agreement No

Construction

Year Built 1912 to 1987
Building Type Detached
Construction Type Brick and wood
Number of Stories 3
Other Informations

Building type

Number of Units See additional information
Number of Parkings Approx. 390 spots
Responsability of Heating Owner/ tenants
Responsability of Hot water Owner/ tenants
Responsability of Appliances Owner/ tenants
Washer /Dryer Installation Yes
Laundry In 3 buildings
Other Informations

Significant capital expenditures since 10 years

  • Most of the roofs have been changed
  • The doors and windows have been changed as needed
  • Several apartments have been renovated
  • Most of the floors have been redone

Other informations

Units : 3x6.5 + 56x5.5 + 114x4.5 + 98x3.5 + 9 studios

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

The buyer must refinance  the mortgage at the vendor's institution

See with listing broker regarding the annex for the cadastral numbers.

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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