|
|
| Asking Price: |
|
Gross Revenues:
|
|
|
|
|
Picture |
|
|
|
|
|
|
Revenue and Expenses Summary |
| Revenues - Residential |
389,568$ |
| Revenues - Commercial |
113,796$ |
| Revenues - Garage/Parking |
0$ |
| Revenues - Laundry |
10,920$ |
| Revenues - Other |
0$ |
| Recovery of Expenses |
11,304$ |
| Gross Potential Revenues |
525,588$ |
|
|
| Vacancies |
25,168$ |
| Gross Effective Revenues: |
500,419$ |
|
|
| Total Taxes: |
44,623$ |
| Total Expenses: |
202,436$ |
| Net Revenue: |
297,983$ |
|
|
|
Financial Summary |
| G.R.M. (Gross Rev. Multiplier): |
5.90 |
| N.R.M. (Net Rev. Multiplier): |
10.40 |
| Cost Per Unit: |
55,357$ |
|
|
|
|
|
| Civic Number |
Street |
District |
| 1970 - 1986
|
STE CATHERINE RUE E
|
CENTRE
|
|
Cross Street: |
DE LORIMIER
|
|
|
|
|
General
Information
|
|
Property use: |
Semi-Commercial |
|
Residential
units: |
56
Units |
|
Commercial units: |
2
Units |
|
Comm.
area size: |
6596 |
|
|
|
|
|
|
Features |
| Parking inside: |
|
0 |
| Parking outside: |
|
12 |
| Elevators |
|
0 |
| Common Washers: |
|
2 |
| Common Dryers: |
|
2 |
|
|
|
Building
and Lot |
| Building type: |
Detached |
| Year Built: |
1960 |
| Building Stories: |
4 |
| Lot Area: |
12735 |
|
|
|
Municipal
Evaluation |
| Year: |
2007-2010 |
| Land: |
504,100$ |
| Building: |
2,003,900$ |
| Total: |
2,508,000$ |
|
|
|
Number of
Units |
| Studio(s): |
(1 ½) |
56 |
| Alcove: |
(2 ½) |
0 |
| 1 bedroom: |
(3 ½) |
0 |
| 2 bedrooms: |
(4 ½) |
0 |
| 3 bedrooms: |
(5 ½) |
0 |
| 4 bedrooms & more: |
0 |
| Total nb. of Units: |
56 |
|
|
|
Heating |
| Heating Energy: |
Natural Gas |
| Heating Type: |
Hot Water |
| Heating Paid By: |
Owner |
| |
|
| Hot Water Heat: |
Naturel Gas |
| Hot Water Paid By: |
Owner |
| |
|
|
|
| Notes:
|
| Semi-Commercial wood and concrete building (four storey's) plus basement - 2 commercial units (+ billboard) and 56 apartments, The site is also improved with a freestanding commercial advertisement sign, There are approximately 12 undelineated parking spots at the rear of the building. Building has a gross floor surface totalling 27,418 square feet (7,255 sq. ft. 1st floor & 3rd to 4th floors have 6,721 sq. ft.), There is public parking along St-Catherine Street East, most of the apartments are funished, Owner pays for Hydro for approximatly 35 apartments @ an average costs of 400$ per unit, Over 350,000$ of upgrades has been recently completed including: Windows replaced 2009, Roof replaced in 2009 costing 51,000$ all the Bathrooms, most of Kitchens etc. Equiped with app. 15 magnitised pad locks for apat entrances (300$ each), Videotron service in all apts, Excellent investment ! |
|
|
|
|
|
|
|
)
)
