5032-5052 Av De Nicolet
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5032-5052 Av De Nicolet
12 Unit Apartment Building $1,296,485 CAD ($108,040 CAD/Unit) 4.42% Cap Rate Shawinigan, QC G9N 8K6
Investment Highlights
- Strategically positioned in a residential neighborhood
- Close to all services
Executive Summary
Excellent optimization opportunity. 12 plex very well-maintained, consisting of 12 x 5.5, fully leased. Many renovations and leasehold improvements have been carried out by the current owner. Located 4 km from downtown Shawinigan, the site is strategically positioned in a residential neighborhood close to all services. There's also the possibility of earning an extra $800 a year for outdoor storage.
Property Facts
Price | $1,296,485 CAD | Property Subtype | Apartment |
Price Per Unit | $108,040 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.55 AC |
Cap Rate | 4.42% | Building Size | 15,129 SF |
No. Units | 12 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1988 |
Price | $1,296,485 CAD |
Price Per Unit | $108,040 CAD |
Sale Type | Investment |
Cap Rate | 4.42% |
No. Units | 12 |
Property Type | Multifamily |
Property Subtype | Apartment |
Building Class | C |
Lot Size | 0.55 AC |
Building Size | 15,129 SF |
No. Stories | 3 |
Year Built | 1988 |
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5032-5052 Av De Nicolet
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