Rue Ste Angèle 809-813, Trois-Rivières, Québec G9A

CONSTRUCTION CONTRACTORS AND DO-IT-YOURSELFERS SAVVY! Put your expertise to good use with this 6-unit unit (6) X 21/2 room apartment, sold in conjunction with the 6-unit apartment next door: a portfolio of 12 units to renovate and upgrade. Annual RBI: $59,820 for this building. Two vacant units allow renovations to begin quickly; 2 others are subsidized by the OMH. Price taking into account the work required and the investor's profit margin. Projected value after work: $750,000 per building. Downtown, in an area eligible for tax credits and renovation grants, subject to availability. ADVANTAGEOUS ACQUISITION STRUCTURE The joint acquisition of the two buildings makes it possible to build a portfolio of 12 housing units while benefiting from a financial package adapted to buildings with 6 apartments. This structure makes it possible to make substantial savings on real estate transfer taxes and financing costs, thus helping to reduce acquisition costs. A PROJECT TO PUT YOUR EXPERTISE TO GOOD USE The 21/2-room units offer a compact format that meets the needs of single people and households looking for a space that is easy to maintain. The presence of two units subsidized by the OMH contributes to the stability of rental income, according to the terms of the agreements in effect. This project is particularly aimed at a construction contractor or an informed do-it-yourself investor who wants to make improvements and participate directly in value creation. Cost control, construction planning and rental optimization will be decisive factors in the profitability of the project. The announced after-work value is a projection, conditional in particular on the extent of the renovations, their quality of execution, the revenues obtained and the market conditions for resale. The buyer will have to establish his budget and validate his profitability hypotheses. Are you a construction contractor or a knowledgeable DIYer? This project is for you! INCLUSIONS -- EXCLUSIONS personal belongings of tenants.