64 Mill St - Apartments FOR SALE


Johnston, RI 02919
$5,000,000 USD
508-726-3492
64 Mill St, Johnston, RI for Sale
$5,000,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

64 Mill St
Johnston, RI 02919


HIGHLIGHTS

  • No vacancy! Waitlist!! Very High Tenant Demand
  • Boutique mill-style apartment community
  • Featuring exposed brickwork, updated finishes, on-site gym, community lounge areas, and even a dog spa
  • Ample off-street parking adds convenience for residents. Located in the heart of Johnston’s historic village

OVERVIEW

Incredible investment opportunity in Johnston to own a fully occupied 17-unit residential property rebuilt/ restored just 2 years ago with a strong waitlist and high tenant demand. Unit mix includes fifteen 1-bedroom units and two 2-bedroom units. Tenants pay utilities, providing efficient operating structure for investors. This boutique mill-style apartment community blends preserved industrial charm with modern enhancements, featuring exposed brickwork, updated finishes, on-site gym, community lounge areas, and even a dog spa. Ample off-street parking adds convenience for residents. Located in the heart of Johnston’s historic village with easy access to shopping, dining, and services along Atwood Avenue. Close to Johnston Memorial Park and convenient to Route 6, Interstate 295, and Interstate 95. Short drive to Providence, Rhode Island College, and T.F. Green Airport.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

17

PRICE/UNIT

$294,118

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Frog City Mill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1880

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

C

APN/PARCEL ID

JOHN-000004-000000-000311

ASK ABOUT THIS PROPERTY

Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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Kyle SeybothCentury 21 The Seyboth TeamMore Info
508-726-3492

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