365 Rue Adams E - Apartments FOR SALE


Richmond, QC J0B 2H0
$4,640,000 CAD
819-820-8363
365 Rue Adams E, Richmond, QC for Sale
$4,640,000 CAD
Apartments - FOR SALE
1/32
null | Request Cap Rate

365 Rue Adams E
Richmond, QC J0B 2H0


HIGHLIGHTS

  • Each unit includes a private balcony, outdoor storage, and at least one parking space.
  • Modern amenities such as heat pumps, air conditioning, high-grade insulation, and acoustic design.
  • Superior construction with features like resilient bars, acoustic wool, and energy-efficient components.
  • Positioned near major routes, minutes from Sherbrooke and Autoroute 55, providing regional connectivity.

OVERVIEW

This newly built 17-unit rental building at 365, rue Adams Est in Richmond represents a compelling investment opportunity within a growing Estrie market. Constructed in 2024, the three-story property features a balanced mix of six 3½ units, eight 4½ units, and three 5½ units, all designed for modern living standards. Each apartment is equipped with a private balcony, outdoor storage, air conditioning, and a heat pump system, supported by superior soundproofing measures and high-efficiency insulation. The property also includes at least one parking space per unit (1.55 spaces per unit on average) and offers residents conveniences like internet service, separate laundry provisions in most units, and high-quality finishes throughout. Located near Routes 116, 143, and 245, and just minutes from Autoroute 55, the site delivers exceptional connectivity to Sherbrooke, Drummondville, and Montreal, as well as access to key services, schools, parks, and retail. With strong regional rental demand and limited supply in this segment, this asset offers reliable cash flow potential and long-term value anchored by quality construction and a favorable location.

FOR SALE DETAILS

PRICE

$4,640,000 CAD

PRICE/SF

$237 CAD /SF

# OF UNITS

17

PRICE/UNIT

$272,941

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,056 SF

ZONING

-

APN/PARCEL ID

6534738

ASK ABOUT THIS PROPERTY

Jean-Francois BérubéRoyal LePage Evolution EBMore Info
819-820-8363

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Jean-Francois BérubéRoyal LePage Evolution EBMore Info
819-820-8363

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.