5032-5052 Av De Nicolet
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5032-5052 Av De Nicolet
12 Unit Block of Flats £723,403 (£60,284/Unit) 4.42% Net Initial Yield 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 | £723,403 | Property Subtype | Apartment |
| Price Per Unit | £60,284 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.55 AC |
| Net Initial Yield | 4.42% | Building Size | 15,129 SF |
| No. Units | 12 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1988 |
| Price | £723,403 |
| Price Per Unit | £60,284 |
| Sale Type | Investment |
| Net Initial Yield | 4.42% |
| No. Units | 12 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.55 AC |
| Building Size | 15,129 SF |
| Number of Floors | 3 |
| Year Built | 1988 |
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5032-5052 Av De Nicolet
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