1804 Drouillard Rd
Drouillard Rd, East End, Windsor, ON, N8W 3X5
Quick Summary
Quick Summary
- Fully tenanted brand-new 12-unit multi-residential building
- Selling below appraised value of $3.1M
- Projected 7.2% cap rate in 2026
- New construction not subject to rent control
- Well-equipped kitchens and modern bathrooms
- Keyless entry system throughout building
- On-site coin-operated laundry room
- Steps to major employers and amenities
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%.... Show More
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 (id:54626)
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Property Details
Size
Parking
Lot
Build
Heating & Cooling
Utilities
Rooms
Bedroom
20′0″ x 20′0″
Bedroom
20′0″ x 20′0″
Bedroom
20′0″ x 20′0″
Bedroom
20′0″ x 20′0″
Bedroom
20′0″ x 20′0″
Bedroom
26′3″ x 20′0″
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