65 French King Hwy
$6,000,000
6.34
Acres
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$6,000,000
6.34
Acres
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Property Description
Weatherheads Apartments is a well-maintained 30-unit, 3-building investment property on 2.733 acres along Route 2. The property features 8 one-bedrooms, 18 two-bedrooms, 2 studios, and two 4-bedroom units, plus plenty of parking, two coin-op laundry rooms, and an in-ground pool (currently not in use). With a solid rental history, an 8.21% cap rate, and clear upside for continued rent growth, this is a strong long-term hold in an accessible, commuter-friendly location. Additional details available upon request. Part of a 76-unit portfolio.
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Highlights
- Acres: 6
- Year Built: 1954
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: Cv
- Zoning Description: Other (See Remarks)
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Fees / Taxes
- Tax Year: 2025
- Taxes: $24,023
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Listing information provided courtesy of Lock and Key Realty Inc..
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