Immeubles Gloria
150 rue de la Lobelie, Granby
86 residential units, 0 commercial units | 37,500,000$

Description

Financial Overview

Revenue 2,200,620$
Cost per Unit 436,047$
Cap. Rate 3.95 %
GRM 17.04
NRM 25.29
Return on Cash Flow 2.22 %
Return on Investment 3.61 %

Municipal Evaluation

Previous Assessment 2019-2021 1,124,400$
 
Land 2022-2024 1,124,000$
Building 2022-2024 22,525,000$
Total 2022-2024 23,649,000$

Highlights

- Impressive high-end property built in 2022 - All units feature large balconies and heat pumps
- Located in Granby, on the shores of Boivin Lake in a prime area - Included in the lease: internet, cable, garage
- Benefits from an exclusive location with stunning lake views - Possibility to purchase the two adjacent lots from the seller
- No direct competitors in Granby for this prestigious project - Potential to build 83 additional units on these lots
- 8-storey building with 86 units and 2 levels of garages - Seller financing available
- 86 indoor parking spaces and 18 outdoor parking spaces - Turnkey investment opportunity not to be missed!

Residential

Studio 1 ½ 4
Alcove 2 ½ 0
1 bdrm 3 ½ 31
2 bdrm 4 ½ 28
3 bdrm 5 ½ 23
4 bdrm + 6 ½ + 0
Total Units   86

Commercial

Commercial 0
Total Units   0

Parking

Parking 18
Garage 86
Storage 0
Total Spaces   104

Location

Main Artery Highway 10
Intersection Denison street (route 112)
Shopping Center Galeries de Granby
Metro Station
Bus
Attraction Boivin Lake
Hospital Granby Hospital
School Granby Cegep

Heating

Energy Source Electricity
Heating Type Electric Baseboards
Responsibility Tenants

Heating Hot Water

Energy Source Electricity
Responsibility Tenants
Water Tank

General Information

Zoning Residential
Cadastral 5564097
Building Type Detached
Floor Nb. 8
Year Built 2022
Lot Area 9544
Building Area 1282
Stove As per leases
Refrigerator As per leases
Washer As per leases
Dryer As per leases
Elevator 2 elevators
Wash/Dry Hookups In the units
Dishwasher Hookups In the units
Pool None
Furnished 14 units : 5 appliances included
AC units Wall heat pump
Basement Garage (2 levels)
Fireplace None
Intercom Yes

Building Overview

Roof 2022 construction
Windows 2022 construction
Balconies 2022 construction
Exterior Walls 2022 construction
Electricity 2022 construction
Plumbing 2022 construction
Heating System 2022 | Electrical heating paid by the tenants | Wall unit heat pumps in all the apartments
Hot Water Tanks 2022 | Electrical hot water paid by the tenants
Elevator 2 elevators
Garage Interior Garage : 86 spaces | Exterior : 18 spaces
Bathrooms 2022 construction with high-end materials
Kitchens 2022 construction with high-end materials
Certificate of Location Gilbert Grondin - 2022-11-09
Environmental Report Phase 1 - 2021

Notes

- Zoning : Zone HM03R | Usage R4+ (9 units and more)
*** The property must be purchased with the adjacent lot # 5 564 098 for sale at a price of 2,495,000$ + taxes ***
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