|Cost per Unit (CPU)||
127 000 $
|Gross Revenue Multiplicator (GRM)||13.8|
|Net Revenue Multiplicator (NRM)||22.0|
|Capitalization Rate (CAP)||
WELL LOCATED close to all services and commodities. Detached brick and wood structure building of 47 units in Lachine (Montreal) built in 1967 and offering 1x5.5 + 15x4.5 + 8x3.5 + 23 studios. Garage of 11 spaces, Heating and hot water paid by the owner. Laundry room on site. Heating and hot water system have been replaced in 2017. Several units have been renovated.
|Heating System||Natural gas furance (2017)|
|Hot Water System||Central tank (natural gas) (2017)|
|Plumbing||Copper and plastic|
|Condition of Kitchens||Good condition|
|Condition of Bathrooms||Good condition|
|Floor Covering||Laminated, slats, ceramic and vinyl|
|Environmental Study||To be verified|
|Condition of Roof||2002; bitume gravier|
|Condition of Balconies||Wood and steel|
|Condition of Doors||Good condition|
|Condition of Windows||Good condition|
|Type of Parking||Interior|
|Intercom and Bell||Intercom|
|Janitor Agreement||To be verified|
|Number of Stories||4|
|Number of Units||1+5.5 + 15x4.5 + 8x3.5 + 23 studios|
|Number of Parkings||11 garages|
|Responsability of Heating||Owner|
|Responsability of Hot water||Owner|
|Responsability of Appliances||Owner|
|Washer /Dryer Installation||None|
|Other Informations||10 storage units in the basement|
Half of the studios have a closed room.
Please note: Units 102, 107, 209, 305, 308, 403, 405, 408 and 411 are occupied by tenants that are leaving on June 30th and the rentroll's rents are those asked for July 1st.
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.