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| Michel, Sells Real Estate - Multiplex | | Canada, Quebec, Montréal | | Price: cad 4,225,000 | | For sale Two residential revenue property totalling 80 units |
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| About Business for sale |
| Headline: |
For sale Two residential revenue property totalling 80 units |
| Location: |
Canada, Quebec, Montréal |
| Address: |
2915 - 2925 HENRI BOURASSA BL E |
| Price: |
4,225,000 CAD, Price negotiating is possible |
| Available from: |
02.11.2009
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| Business Category: |
Real Estate - Multiplex |
| Year founded: |
1966 |
| Gross Revenue: |
473 912 CAD |
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| My preferences (About the buyer) |
| is not filled |
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| Business description: |
*** Two residential revenue property totalling 80 units *** Located near CEGEP, Parks, Public transport and all services; All hardwood finished floors, Environmental analysis completed, Many renovations in 2005: Windows & doors; Balconies; Kitchens and bathrooms; etc., 3 additional 4.5 apartments can be built in the basement @ a monthly rental value of app. 750$ each !!! 90% of the rent paid within the first days of the month - few vacants !!!
Revenue and Expenses Summary
Revenues - Residential 468,912$
Revenues - Commercial 0$
Revenues - Garage/Parking 0$
Revenues - Laundry 5,000$
Revenues - Other 0$
Recovery of Expenses 0$
Gross Potential Revenues 473,912$
Vacancies 14,067$
Gross Effective Revenues: 459,845$
Total Taxes: 32,916$
Total Expenses: 134,760$
Net Revenue: 325,084$
Financial Summary
G.R.M. (Gross Rev. Multiplier): 8.92
N.R.M. (Net Rev. Multiplier): 13.00
Cost Per Unit: 54,870$ |
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| About us |
| Name: |
Michel |
| Surname: |
Knot |
| Company name: |
Immeubles Gloria Inc |
| Company logo or agent photo: |
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| Contact info is available to only registered users |
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