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- LoopNet Team
26 Arthur Ave
East Providence, RI 02914
The Four Seasons · Multifamily Property For Sale
·
192 Units
PROPERTY FACTS
| No. Units | 192 | Building Size | 192,946 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | B | Parking Ratio | 1.39/1,000 SF |
| Lot Size | 12.67 AC | ||
| Zoning | R5 - 119 - Apartment Building | ||
| No. Units | 192 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 12.67 AC |
| Building Size | 192,946 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | R5 - 119 - Apartment Building |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Heating
- Ceiling Fans
- Range
- Walk-In Closets
- Window Coverings
SITE AMENITIES
- Business Center
- Clubhouse
- Fitness Center
- Laundry Facilities
- Property Manager on Site
- Spa
- Package Service
- Storage Space
- Maintenance on site
ABOUT 26 ARTHUR AVE , EAST PROVIDENCE, RI 02914
The CBRE/New England Capital Markets Team has been exclusively retained to sell Four Seasons, a 100% market rate, value-add apartment community just seven minutes from Downtown Providence. Four Seasons is nestled on 12.7 +/- acres in the heart of East Providence. The community consists of nine (9), three-story residential buildings and a single-story amenity/leasing building. Built in three phases between 1970 and 1975, the property underwent substantial renovations to apartments and amenities between 2000 and 2003, along with more recent common area upgrades to mechanicals and gas conversion, roof replacements, and resurfacing of both the parking lots and roadways. With RIPTA bus service along South Broadway, and I-195 less than one-mile away, residents are just minutes away from over 430,000 daytime jobs within 10 miles. Additionally, the East Providence housing market has seen strong pricing trends pushing median year-to-date condominium and single-family prices to $140,000 and $195,000, respectively. Demonstrating continuing strength in the local housing market, these prices have increased an average of 4.3% per year for condominiums and 5.4% per year on single-family over the past 5 years. To find out more about the property, please download and execute the confidentiality agreement.
PROPERTY TAXES
| Parcel Number | EPRO-000207-000025-000001 | Improvements Assessment | $17,598,600 |
| Land Assessment | $4,297,500 | Total Assessment | $21,896,100 |
PROPERTY TAXES
