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16745-16779 Av Fernand-Ménard

18 Unit Apartment Building $5,375,000 CAD ($298,611 CAD/Unit) 4.64% Cap Rate Saint-hyacinthe, QC J2T 0J1

Investment Highlights

  • 8 plex under construction, consisting of 6 x 4.5 and 12 x 5.5
  • The property exceeds 40% of the national energy code.
  • Interior and exterior storage and exterior parking spaces

Executive Summary

CMHC-MLI Select - 18 plex under construction, consisting of 6 x 4.5 and 12 x 5.5, without indoor common areas. Interior and exterior storage and exterior parking spaces. Income and expenses are estimated by means of a certified appraisal. The property exceeds 40% of the national energy code.

Property Facts

Price $5,375,000 CAD
Price Per Unit $298,611 CAD
Sale Type Investment
Cap Rate 4.64%
No. Units 18
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Building Class B
Construction Status Under Construction
Building Size 24,519 SF
No. Stories 2
Year Built 2024
Parking Ratio 1.35/1,000 SF

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access
  • Listing ID: 32785340

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 16745-16779 Av Fernand-Ménard, Saint-hyacinthe, QC J2T 0J1

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