This Multifamily Property is Off-Market.

60 Crompton Avenue
East Greenwich, RI 02818 ·

17 Units · Multifamily For Sale

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The Residences at Greenwich Cove

Price N/A Property Sub-type Garden/Low-Rise
No. Units 17 Property Use Type Investment
Building Size 18,000 SF Construction Status Under Construction/Proposed
Property Type Multifamily Lot Size 41,208 SF
Listing ID: 17220460 Date Created: 06/27/2011 Last Updated: 11/11/2011

Description

Cambridge Capital Advisors has been exclusively retained to represent for sale the realty located at 60 Crompton Avenue, East Greenwich, Rhode Island. This to be completed , 3 story, waterfront, 18,000 SF, residential apartment development is ideally situated on a 41,208 SF lot (0.946 acre) in downtown Greenwich, RI on Greenwich Cove and will offer water views from each unit. Permitted for 17 units, current plans call for units ranging in size from 412 SF to 1,196 SF. The estimated cost to complete the project, as outlined below, is approximately $774,000 or $45,500 per unit (including common areas). Once developed, the average unit size will be approximately 778 SF across 13,228 net rentable square feet. The planned unit mix for the property is as follows: (2) Efficiency Units, (8) 1 Bedroom/1 Bath Units, (1) 1 Bedroom/ 2 Bath Unit, (3) 2 Bedroom/1 Bath Units, and (3) 2 Bedroom/2 Bath Units. The subject property' s parking plan calls for 47 off street parking spaces at a ratio of 2.76 spaces per unit.

Located at 60 Crompton Avenue in Downtown East Greenwich on Greenwich Cove.

Research

60 Crompton Avenue, East Greenwich, RI 02818 (Kent County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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