Multi Family Portfolio in Providence

Multi-Family for Sale
Catylist Listing ID: 30382141
Number of Units: 12 Units
Building Size (RSF): 10,888 SF
Gross Building Area: See Agent
Sale Price: $1,000,000
Unit Price: $83,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 7.19%
Average Occupancy Rate: 100
Last Updated: 3/17/2019

Overview / Comments

4 Properties located in Providence, RI. Fully occupied with month to month leases in place. Rent roll and expenses available.

497 Union - 3 Family
9 Lawn - 3 Family
14 Unit - 2 Family with townhouse on second which is currently being rented by the room with shared common area.
11 Gillen - 3 Family + Single Family on same lot. Abutting cleared lot included for parking at 9 Gillen .

Showings are currently restricted to qualified buyers only with either proof of funds or pre-qualification in hand. Minimum 48 hour notice to show. Tenants in place.

Additional Details

Nearest MSA: Providence-Warwick
County: Providence
Tax ID/APN: PR 109-0437
Percent Occupied: 100%

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 34,689 223,924 409,356
Median Age: 29.94 33.32 36.35
Households: 11,470 81,452 157,109

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