1804 DROUILLARD ROAD

Windsor, Ontario, N8W3X5, Canada

$2,895,000

BRAND NEW Reconstructed/Rebuilt 12 Unit Multi-Residential building completed in March 2024. Where luxury meets convenience. Property is Fully Tenanted! Building consist of 6 - One Bedroom Units and 6 - Bachelor Units. Bank Appraisal at $3.1M. Selling BELLOW Appraised value! Gross Annual revenue around $200k with current Cap Rate of 5.7%. Projected Cap Rate at 7.2% in Year 2026. New Re-construction Doesn't Fall Under Ontario Rent Control. All units finished with Well-Equipped Kitchen & Modern 3-Piece Bathroom. Add this Brand-New Turn-Key 12 Unit Multi-Family Property to your real estate investment portfolio. Steps to Stellantis Chrysler Plant, McDonalds, Tim Hortons, Burger King, close to Windsor Regional Hospital, Stellantis Battery Plant, Metro Grocery, Ceasers Palace, Detroit-Windsor Tunnel. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. Financial Information Available.

EXTRAS All 12 Units Above Ground! 12 Stainless Steel Fridge, 12 Stainless Steel Microwave/Hood, 12 Cooktops

EXTRAS: Sump Pump

Virtual Tour: https://www.youtube.com/shorts/UPKPICetkNg

Last updated on : Tuesday 1st of October 2024 06:09:02 PM

ADDRESS

Street : 1804 DROUILLARD ROAD

City : Windsor

Province : Ontario

Country : Canada

Postal Code : N8W3X5

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PROPERTY SUMMARY

Property ID : X9236147

Building Type : Other

Property Type : Multi-family

Bedrooms : 9 + 3

Bathrooms : 12

Parking : 5

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