This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.
Browse More Listings in Multifamily For Sale, Narragansett, RI or Rhode Island
1084 Boston Neck Road
1084 Boston Neck Road, Narragansett, RI 02882
Former Motel now Residential Rentals
N/A
14
4,724 SF
Multifamily
Garden/Low-Rise
Economy/ Limited Service
Investment
8.50%
1935
30,000 SF
-
Last Verified 1/4/2010
Listing ID 14622945
Highlights
Great location near beaches & all conveniences- Steady cash flow
- Low Maintenance Units
- Vacancy Rate 5%
- On site parking
Description
Great investment property with steady cash flow. Former motel converted to year round rental units. Well maintained, low maintenence units. Excellent occupancy rates. (Motel licensing in place.)
Prime area on US RT 1A near Bonnet Shores, Narrow River; golf, shopping, commuter bus, university nearby. Popular area with locals, tourists and students.
Map of 1084 Boston Neck Road, Narragansett, RI 02882 (Washington County)
Created 5/16/2006
Additional Information for 1084 Boston Neck Road, Narragansett, RI 02882
View the Property Record for this address to access additional information such as historical listings, property details, tax details, owners, mortgages, tenants, and more.
The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-BSO