60 units residential building for sale

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Great opportunity, excellent condition, 60 units building for sale in west island Montreal All rented, stable tenants. Very well located in the West Island area. Near train station, banks, restaurants, shopping malls, supermarkets, public transportation, parks, you name it! Renovated property, turn key building: - Roof - All windows - All balconies - Almost all units have been renovated Financial Ratios (according to Acquisition Cost)* (after 1 year) Effective Gross Rent Multiplier (GRM) 8.97 Net Rent Multiplier (NRM) 14.01 Average Unit Price $71,400.00 Operating Expense Ratio (OER) 35.93 % Loan to Value Ratio (LVR) 71.95 % Debt Coverage Ratio (DCR) 1.66 Break Even Ratio 73.06 % Capitalization Rate 7.14 % Internal Rate of Return (year 5) 18.87 % Annual Appreciation 2.00 % Cash on Cash Return* Before Equity 11.57 % After Equity (Principal Payment) 18.03 % After Equity and Appreciation 26.03 % Request more information!!