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| Asking Price: |
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Gross Revenues:
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Picture |
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Revenue and Expenses Summary |
| Revenues - Residential |
632,400$ |
| Revenues - Commercial |
0$ |
| Revenues - Garage/Parking |
20,340$ |
| Revenues - Laundry |
18,000$ |
| Revenues - Other |
13,500$ |
| Recovery of Expenses |
8,000$ |
| Gross Potential Revenues |
692,240$ |
|
|
| Vacancies |
18,972$ |
| Gross Effective Revenues: |
673,268$ |
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| Total Taxes: |
60,593$ |
| Total Expenses: |
240,609$ |
| Net Revenue: |
432,659$ |
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Financial Summary |
| G.R.M. (Gross Rev. Multiplier): |
10.96 |
| N.R.M. (Net Rev. Multiplier): |
17.54 |
| Cost Per Unit: |
85,281$ |
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| Civic Number |
Street |
District |
| 8325 -
|
ACADIE BL
|
NORD VILLERAY
|
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Cross Street: |
CREMAZIE/JARRY O.
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General
Information
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Property use: |
Residential |
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Residential
units: |
89
Units |
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Commercial units: |
0
Units |
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Comm.
area size: |
0 |
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Features |
| Parking inside: |
|
26 |
| Parking outside: |
|
0 |
| Elevators |
|
2 |
| Common Washers: |
|
5 |
| Common Dryers: |
|
5 |
|
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Building
and Lot |
| Building type: |
Detached |
| Year Built: |
1964 |
| Building Stories: |
8 |
| Lot Area: |
13835 |
|
|
|
Municipal
Evaluation |
| Year: |
2007-2010 |
| Land: |
1,028,600$ |
| Building: |
3,146,400$ |
| Total: |
4,175,000$ |
|
|
|
Number of
Units |
| Studio(s): |
(1 ½) |
7 |
| Alcove: |
(2 ½) |
7 |
| 1 bedroom: |
(3 ½) |
53 |
| 2 bedrooms: |
(4 ½) |
22 |
| 3 bedrooms: |
(5 ½) |
0 |
| 4 bedrooms & more: |
0 |
| Total nb. of Units: |
89 |
|
|
|
Heating |
| Heating Energy: |
Electricity |
| Heating Type: |
Electric Baseboards |
| Heating Paid By: |
Tenant(s) |
| |
|
| Hot Water Heat: |
Naturel Gas |
| Hot Water Paid By: |
Owner |
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| Notes:
|
| *** Residential revenue property consisting of 89 units - Electrically heated by tenants ***
Located near all services and Rockland Center; Extra large apartments, no basement apartments, one Penthhouse of 1,200 s. f. 2 washrooms,
Many major renovations have been recently done such as: Roof redone in 2008 costing 92,000$; Windows replaced in 2009 costing 360,000$; Electrical system completly redone to electrically heated by tenants in 2009; Entrance and driveway redone in unistone; Elevator control system replaced, Garage is equiped with a newer CO2 carbon dioxide system, etc. Many apartments have been renovated etc.
Qualifies for a major city grant of over $500,000 - A real beauty !!! |
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