Colliers is excited to present an exceptional opportunity to acquire the leasehold ownership interest in two prime multifamily properties located at 3905 Riverside Drive East and 3900 Wyandotte Street East in Windsor. These properties, situated in highly desirable areas, offer significant potential for value appreciation and stable returns. The property at 3905 Riverside Drive East features 72 well-maintained units, while 3900 Wyandotte Street East comprises 54 units offering 126 units across both buildings. The properties have a remaining lease term of 28 years, expiring on June 30, 2052, providing a secure and long-term investment horizon. Acquiring the leasehold ownership interest in these properties presents investors with a unique opportunity to benefit from stable and predictable cash flows. The properties are positioned in growing markets with high tenant demand, ensuring a steady stream of rental income. Additionally, there is significant upside potential through rent escalations and strategic renovations, which can further enhance the properties’ value and return on investment. The projected unlevered internal rate of return (IRR) is 10.24%, while the levered IRR stands at 18.56%. Investors can expect a year 1 stabilized yield of 7.44%, with an average yield of 8.70% over the first three years. The levered cash-on-cash return is projected to be 8.12% in the first year, increasing to 12.47% by the stabilized third year, with a levered equity multiple of 3.40x.