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Marsolet & Régnault Project, Sept-Îles
302 residential units, 0 commercial units | 28,000,000$
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Overview
Revenue
Financing
Documents
Photos
View on map
Download PDF
Contact Us
Back to List
Overview
Revenue
Financing
Documents
Photos
View on map
Marsolet & Régnault Project, Sept-Îles
302 residential units, 0 commercial units | 28,000,000$
Description
Residential
0
0
4
52
72
174
302
0
Financial Overview
Revenue
3,236,944$
Cost per Unit
92,715$
Cap. Rate
6.28 %
GRM
8.65
NRM
15.92
Return on Cash Flow
12.10 %
Return on Investment
19.85 %
Municipal Evaluation
Previous Assessment
2016-2018
10,956,700$
Land
2019-2021
2,411,500$
Building
2019-2021
8,366,500$
Total
2019-2021
10,778,000$
Highlights
- Jardins de Sept-Îles: Complex of 182 units in 10 buildings
- Both projects can be sold separately or together
- 200 Régnault: Complex of 120 units in 6 buildings
- Excellent investment opportunity
- Major renovations in the last few years
- The area is being developed with the Sept-Îles Harbour
- Great potential to increase rents
Residential
Studio
1 ½
0
Alcove
2 ½
0
1 bdrm
3 ½
4
2 bdrm
4 ½
52
3 bdrm
5 ½
72
4 bdrm +
6 ½ +
174
Commercial
Commercial
0
Parking
Parking
0
Garage
0
Storage
0
Location
Main Artery
Intersection
Shopping Center
Metro Station
Bus
Attraction
Hospital
School
Heating
Energy Source
Oil / Electricity
Heating Type
Responsibility
Tenants & Owner
Heating Hot Water
Energy Source
Electricity
Responsibility
Owner
Water Tank
General Information
Zoning
Residential
Cadastral
5138443
Building Type
Attached
Floor Nb.
2
Year Built
1972
Lot Area
0
Building Area
0
Stove
Tenants
Refrigerator
Tenants
Washer
Tenants
Dryer
Tenants
Elevator
None
Wash/Dry Hookups
In all apt.
Dishwasher Hookups
Pool
None
Furnished
No
AC units
Basement
Fireplace
Intercom
Building Overview
Roof
Marsolet: 2011 at a cost of 1,100,000$
Windows
Balconies
Exterior Walls
Marsolet: Brick work done in 2012-2013 at the cost of 2,000,000$.
Electricity
Plumbing
Washer/dryer hookups in all units
Heating System
Marsolet: Units are heated with hot water, 3 oil and 1 electrical furnace heat the water. Régnault: Electric baseboards
Hot Water Tanks
Elevator
None
Garage
None
Bathrooms
Kitchens
Certificate of Location
2020-10
Envrionmental Report
2020-10
Notes
- Please see individual listings for more details about the properties.
- Marsolet (182 units) and Régnault (120 units) can be sold together or seperately
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