PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD - 80 UNITS Patrick Beaulé - PMML
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PORTFOLIO SALABERRY SUR LE GOLF, SALABERRY-DE-VALLEYFIELD 80 UNITS FOR SALE Patrick Beaulé CELL PHONE 514-465-1368 EMAIL patrick.beaule@pmml.ca PMML.CA Descriptive sheet generated on : 2022-02-24 04:34
AC.LMMP PROPERTY DESCRIPTION Located directly on the Golf Club and close to the St-Lawrence River, this portfolio includes 5 buildings of 16 rental condos built between 2018 and 2020 totaling 80 BIG 4 ½. The buildings offer a superior level of quality and feature elevators, huge terraces, storage, triple patio doors and underground parking for the newest building. H IGH L IGH TS Very recent construction and of superior quality Oversized balconies, elevators and triple patio doors Directly on the golf course and near the St-Laurent River Restaurants, shops and grocery stores within a 5km radius of the land. ASKING PRICE 22 850 000 $ Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
NUMBER OF UNITS 80 x 4. AC.LMMP NUMBER OF PA R K I N G S 121 ext. and 16 int (for the 2400) RESPONSIBILITY RESPONSIBILITY F O R H O T WAT E R F O R H E AT I N G Tenants Tenants RESPONSIBIL ITY FOR APPL IANCES Tenants Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
AC.LMMP Portfolio Salaberry sur le golf, Salaberry-de-Valleyfield Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
BUILDING DESCRIPTION G ENERAL MUNICIPAL INFORMATIONS ASSESSMENT CADASTRAL NUMBER LAND AC.LMMP LAND AREA BUILDING TOTAL CONSTRUCTION YEAR BUILT BUILDING TYPE Detached CONSTRUCTION TYPE Wood OTHER INFORMATION SIGNIFICANT CAPIT AL EXPENDIT URES IN T HE LAST 10 YEARS New construction OT HER INFORMAT ION Common areas: PC-6220918, PC-6286516, PC-6347928. The buyer must assume responsibility for the mortgage loan in force with Caisse Desjardins : 40 year amortization, 5 and 10 year term, rate between 2.6% to 3.89%. The remarks, descriptions, features and financial projections contained in the present document are for information only and should not be considered as being official or accurate without due diligence verification. The information herein disclosed comes from sources that we consider to be reliable, but for which we cannot guarantee the accuracy. It is upon the buyer’s responsibility to verify all the information and to declare himself satisfied or not of his due diligence verification performed after an accepted promise to purchase. Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
AC.LMMP FEATURES HEATING SYSTEM ENVIRONMENTAL STUDY Electric baseboards Yes HOT WATER SYSTEM CONDITION OF ROOF Independent tanks New ELECTRICAL PANELS SIDING Breakers Brick, steel and concrete blocks PLUMBING CONDITION OF BALCONIES PEX and ABS New WASHER AND DRYER OUTLET CONDITION OF DOORS Yes New LAUNDRY CONDITION OF WINDOWS No New CONDITION OF THE KITCHENS PARKING SURFACE New Interior / exterior CONDITION OF THE BATHROOMS INTERCOM SYSTEM New Yes FLOOR COVERING FIRE ALARM SYSTEM Floating floors and ceramic Yes JANITOR AGREEMENT Yes OTHER INFORMATION Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
REVENUE % RPU(M) AC.LMMP RESIDENTIAL 1 226 820 $ 100 % 1 278 $ COMMERCIAL PARKING LAUNDRY STORAGE TOTAL REVENUE 1 226 820 $ 100 % 1 278 $ EXPENSES YEARLY %/GR CPU VACANCY/BAD DEBT CMHC 61 341 $ 5% 767 $ ADMINISTRATION CMHC 58 274 $ 5% 728 $ MUNICIPAL TAXES Actual 151 078 $ 12 % 1 888 $ SCHOOL TAXES Actual 12 351 $ 1% 154 $ INSURANCE Actual 28 195 $ 2% 352 $ ELECTRICITY Actual 13 635 $ 1% 170 $ HEATING SNOW REMOVAL Actual 7 335 $ 1% 92 $ ELEVATOR Actual 4 370 $ 0% 55 $ EQUIPMENT RENTAL MAINTENANCE RESERVE CMHC 44 000 $ 4% 550 $ WAGES/JANITOR CMHC 26 400 $ 2% 330 $ FURNITURE RESERVE Actual 5 671 $ 0% 71 $ Actual 9 140 $ 1% 114 $ TOTAL EXPENSES 421 790 $ 34 % 5 272 $ NET INCOME 805 030 $ 10 063 $ Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
FINANCING AC.LMMP CONVENTIONAL CMHC ASSUMPTION MAXIMUM LOAN AMOUNT FINANCING CAP RATE DEBT COVERAGE RATIO INTEREST RATE AMORTIZATION TERM C A S H FLOW CONVENTIONAL CMHC ASSUMPTION 1 & 2 NET REVENUE ANNUAL MORTGAGE COST NET CASH AFTER MORTGAGE RETURN ON INVESTMENT ON ASKING PRICE CASHDOWN NEEDED CASH ON CASH RETURN RETURN ON LIQUIDITY + CAPITALIZATION IRR WITH 2% MARKET APPRECIATION COST PER GROSS REVENUE NET REVENUE FINANCING UNIT MULTIPLICATOR MULTIPLICATOR CAP RATE 285 625 $ 18,6 28,4 3.52 % Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
AC.LMMP Descriptive sheet generated on : 2022-02-24 04:34 CO M M E RCIA L RE A L E STATE A G E N CY A N D M O RTG A G E BRO KE RA G E F IRM
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