52 residential rental units plus one office building under development shall be ready for June 1st, 2024 possession. Every unit has separate utilities. Brand new conversion from roof to basement. Only 2 floors with elevator. Literally, nothing to do except choose your tenants. Ideal to eventually do a condo conversion. Attached is prospectus and full breakdown of financials and expenses. Building qualifies for 10 years no property taxes in addition to 6% cap rate!!! All offers conditional on walkthrough within a 72 hr period.
PROPERTY SPECS
Price $18,000,000
City Windsor, Ontario
Address 930 MARION
Listing ID 24003296
Construction Brick
Roof Tar & Gravel
Flooring Mixed Flooring
Type Multi-Family
Status For Sale
EXTENDED FEATURES
SubtypeOver 12 UnitsAcreage1.546OwnershipFreeholdBuilding AmenitiesElevator, Public Transportation Nearby, Shopping AreaFoundationConcreteHeating / CoolingForced Air, FurnaceHeating FuelNatural GasHot Water TankGasUtility WaterMunicipal WaterSewerSanitaryDate ListedFeb 26, 2024Days on Market66