1804 Drouillard Road , Windsor, ON N8W 3X5
Windsor, ON N8W 3X5
Description
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.
Details
| Mls | X9236147 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | New |
| Days On Site | 127 |
| Listing Provided By | RIGHT AT HOME REALTY | Not Provided |
Features
| Beds | 12 |
|---|---|
| Baths | 12 |
| Basement | Y |
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Learn More About This Property
| State | ON |
|---|---|
| County | Essex |
| City | Windsor |
| Zip Code | N8W 3X5 |
| Listing VS Median (in N8W 3X5) | |
Price: $2,895,000 low | high Med: $0 On Site: 127 low | high Med: | |