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754-762 Rue Saint-Paul O 23 Unit Apartment Building $14,645,254 USD ($636,750 USD/Unit) 4.99% Cap Rate Montréal, QC H3C 1M4
Investment Highlights
- Excellent NNN Investment
- Recently completely renovated
- AAAA Location in Old Montreal
Executive Summary
Occasion unique d'acquérir un immeuble à usage mixte au coeur du Vieux-Montréal. ±24 950 pi² sur quatre étages, exploité en tant qu'hôtel-boutique (23 unités) avec ±19 700 pi² résidentiels/hôteliers et un espace commercial distinct de ±5 250 pi² au rez-de-chaussée. Terrain de ±8 416 pi² près du Vieux-Port, de la place d'Armes et de la basilique Notre-Dame. Fort achalandage, attrait touristique et accès facile au métro, aux autobus, à l'A-10, à la route 136 et à l'autoroute Ville-Marie.
Exceptional opportunity to acquire a landmark mixed-use building in the heart of Old Montreal. ±24,950 SF across four floors, operating as a boutique hotel with ±19,700 SF of residential/hospitality space (23 units) and a separate ±5,250 SF commercial space on the ground floor. Sits on an ±8,416 SF lot near the Old Port, Place d'Armes, and Notre-Dame Basilica. High pedestrian traffic, tourist appeal, and easy access to metro, bus, Highway 10, Route 136, and Ville-Marie Expressway.
Exceptional opportunity to acquire a landmark mixed-use building in the heart of Old Montreal. ±24,950 SF across four floors, operating as a boutique hotel with ±19,700 SF of residential/hospitality space (23 units) and a separate ±5,250 SF commercial space on the ground floor. Sits on an ±8,416 SF lot near the Old Port, Place d'Armes, and Notre-Dame Basilica. High pedestrian traffic, tourist appeal, and easy access to metro, bus, Highway 10, Route 136, and Ville-Marie Expressway.
Property Facts
| Price | $14,645,254 USD | Apartment Style | Mid-Rise |
| Price Per Unit | $636,750 USD | Building Class | C |
| Sale Type | Investment NNN | Lot Size | 0.19 AC |
| Cap Rate | 4.99% | Building Size | 24,950 SF |
| No. Units | 23 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1938 |
| Property Subtype | Apartment | ||
| Zoning | M.7C - Mixed use - Permitting residential (multifamily) and commercial (retail and office) | ||
| Price | $14,645,254 USD |
| Price Per Unit | $636,750 USD |
| Sale Type | Investment NNN |
| Cap Rate | 4.99% |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 24,950 SF |
| No. Stories | 4 |
| Year Built | 1938 |
| Zoning | M.7C - Mixed use - Permitting residential (multifamily) and commercial (retail and office) |
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754-762 Rue Saint-Paul O
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