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136-suite High-Rise Apartment Building with Stunning Views of Detroit River
8717 Riverside Drive East
N8S 1G6 Windsor
Summary
SOLD:
We are pleased to announce the sale of Riverside Tower, a 136suite high-rise apartment building in the city of Windsor, Ontario. Sitting on1.9 acres of land, with stunning views overlooking the Detroit River, RiversideTower is only minutes away from an American cultural Metropolis. RiversideTower is situated within minutes of the Windsor Yacht Club, Sand Point Beachand many schools and other amenities. Located near the busiest Canada-U.S.border crossing, the Property is about 10 km from downtown Windsor, 13 km fromWindsor University and right across the river from Detroit Michigan, offeringtenants the benefits of a lakeside lifestyle with all the perks of a bigcity.
Highlights
- Windsor: Diverse & Growing Economy
- Riverside Neighbourhood
- Strong Demand for High Quality Rental Properties
- 41% Rental Upside on Turnover
- Expense Reduction by Instituting Efficiency Upgrades and Submetering Hydro
- Free and Clear of Existing Financing