75 King Street, Dartmouth
The Crown on King Lofts, located at 75 King Street, Dartmouth offers investors a rare opportunity to acquire a newly constructed multi-residential lofts with ground floor commercial in the heart of the revitalized downtown Dartmouth District.
The property is situated in an amenity rich location, surrounded by some of the best restaurants, cafes and shops and within walking distance to banks, pharmacy and other service amenities.
The Crown of King Lofts is a newly constructed, 3 storey multi-residential building consisting 8 residential suites and 1 commercial unit. The building features expansive views of the Halifax skyline and harbour, tenant balconies, onsite storage, bike storage, and 4 covered parking spaces. The building was constructed in 2016 and has been constantly maintained and requires no immediate capital.
The building is 100% occupied, with a Net Operating Income of $114,908 per year and there is upside potential on the rental rates.
Price: $2,750,000
Sold: No
Address:
75 King Street, Dartmouth
Units: – 8 Residential 1 Commercial
Is this an A La Carte Listing: Yes
Contact Name: Mat Houston
Contact Email: mathew.houston@cbre.com
Contact Phone: 902 412-2940
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