617-816-5257
166 Valley St, Providence, RI for Sale
Apartments - FOR SALE
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166 Valley St
Providence, RI 02909
Olneyville


HIGHLIGHTS

  • Excellent Neighborhood Amenities
  • Value Add Opportunity
  • Attractive In-Place Financing

OVERVIEW

Cushman & Wakefield’s Multi-Family Advisory Group is pleased to present the opportunity to acquire RISING SUN MILLS, a unique opportunity to acquire a brick and beam apartment community strategically located in the heart of Providence, Rhode Island. The four-story brick mill building, which consists of 135 loft-style market-rate units and 30,000 +/- SF of commercial space, is situated on Providence’s West Side at the intersection of the rapidly transforming neighborhoods of Federal Hill, Broadway and the Armory District. The property was converted from its former industrial use in 2005 and is surrounded by a rich array of bars & restaurants, shopping, employers, and green space.

FOR SALE DETAILS

PRICE

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# OF UNITS

134

CAP RATE

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% LEASED

93%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rising Sun Mills

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1890

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2.47 AC

LAND SF

107,593 SF

ZONING

M-MU-7

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Chris SowerCushman & WakefieldMore Info
617-816-5257

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Chris SowerCushman & WakefieldMore Info
617-816-5257

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.