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1360-1394 Rue Gérard-Malouin

22 Unit Apartment Building $1,333,191 USD ($60,600 USD/Unit) 3.79% Cap Rate Nicolet, QC J3T 1T1

Apartment Buildings Quebec Nicolet 1360-1394 Rue Gérard-Malouin, Nicolet, QC J3T 1T1

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Investment Highlights

  • Large lot that can accommodate a new construction
  • Well located in the center of the city, close to everything
  • Building to be optimized, rents under the market

Executive Summary

NICE OPTIMIZATION PROJECT! Beautiful building with 22 apartments + LAND to build (value 300k-400k) located in Nicolet. It is composed of 6 x 5.5, 8 x 4.5 and 8 x 2.5 whose electricity, heating and hot water charge is the owner or the tenants as the case may be. Very large lot (separate lot) to build another building (under City approval). Above-ground dwellings

Attachments

Brochure

Property Facts

Price $1,333,191 USD Apartment Style Low Rise
Price Per Unit $60,600 USD Building Class C
Sale Type Investment Lot Size 0.90 AC
Cap Rate 3.79% Building Size 18,290 SF
No. Units 22 No. Stories 3
Property Type Multifamily Year Built 1965
Property Subtype Apartment Parking Ratio 6.25/1,000 SF
Price $1,333,191 USD
Price Per Unit $60,600 USD
Sale Type Investment
Cap Rate 3.79%
No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.90 AC
Building Size 18,290 SF
No. Stories 3
Year Built 1965
Parking Ratio 6.25/1,000 SF

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(418) 953-4915

  • Listing ID: 30322239

  • Date on Market: 12/8/2023

  • Last Updated:

  • Address: 1360-1394 Rue Gérard-Malouin, Nicolet, QC J3T 1T1

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1360-1394 Rue Gérard-Malouin
(418) 953-4915 x

1360-1394 Rue Gérard-Malouin

Sylvain Lacasse

(418) 953-4915

(418) 953-4915

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