APPX3213: SDK folder containing 'Windows.props' for 'Windows 8.1' cannot be located

Symptom

When running the build all or build all-dist commands the following error is displayed.

[C:\IBM\Anywhere\MaximoAnywhere\apps\AssetAudit\windows8\native\AssetAudit.jsproj]
[exec]
[exec]
[exec] "C:\IBM\Anywhere\MaximoAnywhere\apps\AssetAudit\windows8\native\AssetAudit.jsproj" (Clean;Rebuild;Publish target) (1) ->
[exec] (_GetAppxManifestSchemaItems target) ->
[exec] C:\Program Files (x86)\MSBuild\Microsoft\VisualStudio\v14.0\AppxPackage\Microsoft.AppXPackage.Targets(757,5): error APPX3213: SDK folder containing 'Windows.props' for 'Windows 8.1' cannot be located. See http://go.microsoft.com/fwlink/?prd=12560&pver=1.0&plcid=0x409&ar=MSDN&sar=PlatformMultiTargeting&o1=Windows&o2=8.1 for more information. [C:\IBM\Anywhere\MaximoAnywhere\apps\AssetAudit\windows8\native\AssetAudit.jsproj]
[exec]
[exec] 1 Warning(s)
[exec] 1 Error(s)
[exec]
[exec] Time Elapsed 00:00:02.70

BUILD FAILED
C:\IBM\Anywhere\MaximoAnywhere\build.xml:133: The following error occurred while executing this line:
C:\IBM\Anywhere\MaximoAnywhere\anywhere-apps-builder.xml:908: The following error occurred while executing this line:
C:\IBM\Anywhere\MaximoAnywhere\anywhere-apps-builder.xml:952: exec returned: 1