383-435 Oaklawn Ave - Apartments FOR SALE
Cranston, RI 02920 |
383-435 Oaklawn Ave
Cranston, RI 02920
HIGHLIGHTS
- Dean Estates is a 48-unit market-rate apartment community in the scenic city of Cranston, the second-most populous city in Rhode Island.
- Nestled in an affluent residential neighborhood with convenient access to local retail and dining options, including Whole Foods and Starbucks.
- Value-add multifamily leased at 44% with in-place rents that are significantly below market, offering the opportunity to increase rents and cash flow.
- Two three-story garden-style residential community with large units, hardwood floors, balconies, on-site laundry, and a sparkling pool.
- Easily commutable location near Interstates 95 and 295 and 7 miles southwest of Downtown Providence.
- Home to major employers and universities like Rhode Island Hospital, CVS, Roger Williams Medical Center, and more.
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
New England Value-Add Multifamily | 48 Units
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
65120
STORIES
3
YEAR BUILT
1976
PARKING SPACES
64
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
CRAN-000017-000003-001951
