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Portefeuille Shawinigan

6 Multifamily Properties Offered at $5,691,688 USD in Shawinigan, QC

Investment Highlights

  • Extensive renovations and leasehold improvements on the entire portfolio
  • Excellent optimization opportunity

Executive Summary

MORTGAGE ASSUMPTION - Portfolio of 6 very well-maintained properties totaling 74 rental units in Shawinigan, close to all services. Current gross annual revenues are close to $550,000 and projected gross annual revenues for July 2024 are close to $600,000. Great optimization opportunity. The current owner has carried out extensive renovations and leasehold improvements on the entire portfolio.

Property Facts

Price $5,691,688 USD
Price / SF $72.62 USD / SF
Cap Rate 4.05%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 6
Total Building Size 78,379 SF
Total Land Area 2.20 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
4892 De Nicolet Av, Shawinigan, QC G9N 8K5 Multifamily 10,898 SF 1988 $769,150
5032-5052 De Nicolet Av, Shawinigan, QC G9N 8K6 Multifamily 15,129 SF 1988 $922,975
1552 50E Rue, Shawinigan, QC G9N 8J3 Multifamily 10,888 SF 1987 $922,975
1462-1482 51E Rue, Shawinigan, QC G9N 5Y8 Multifamily 15,254 SF 1989 $922,975
1542-1562 51E Rue, Shawinigan, QC G9N 5Y8 Multifamily 15,305 SF 1987 $1,384,461
1583 51E Rue, Shawinigan, QC G9N 8J9 Multifamily 10,905 SF 1988 $769,150
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  • Listing ID: 33434590

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: Portefeuille Shawinigan, Shawinigan, QC

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