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$5,950,000 · 64 Units Apartments Hull, QC Profitable High Occupancy

The investment offering consists of two 24 unit and one 16 unit apartment buildings (3 ½ storey), . Overall, the 64 unit complex consists of 16 one bedroom and 48
two bedroom units distributed as follows:

Building One: 154-158 Mont-Bleu 6 18 24
Building Two: 21-25 Hinchey 6 18 24
Building Three: 29-31 Hinchey 4 12 16
Total 16 48 64
The apartment complex is called "Le Montmagny" and has a total of 67 parking spaces. The project
was built in 1969 and each of the three buildings have conveniently located parking areas, common laundry rooms in the basement, hot water
gas furnaces and commercial 100 gallon rented water tanks. All of the units have one complete bathroom, a kitchen/dining area, and living room.

Accessibility to the units in provided by interior staircases in the front and back of each building. The buildings have an intercom system, front and back automatic door closers, fire alarms linked to an annunciator panel, and smoke alarms in each unit. All boiler/electric rooms have
smoke and CO2 alarms as well.

All the buildings are wood frame and are laid out in an 8 unit configuration, with concrete block separating walls. For example, the 24 unit buildings have three 8 unit sections attached. Each 8 unit building contains two 1-bedroom semi-basement units and six 2-bedroom units on the upper three floors.

All 2-bedroom and 1-bedroom units are identical in size and layout.

Contact for complete package.

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Other Information
Ad Id28185049
CategoryApartment Sales
PostedSeptember 14, 2016
Renewed October 15, 2016
Expiry November 14, 2016
Details New, Commercial Seller
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