Alfred D'Andrea & Carlo Carlozzi Acquire Multifamily Assets From Irshad Sideeka For $11.4M

The asset involved in this transaction is a MultiFamily property located at 37 Vine Street, 88 Church Street, and 11 Maple Avenue in West Warwick, RI. The sale price for the property was $11,400,000, which encompasses a total of 81 units, resulting in a price per unit of $140,740. The property covers a total square footage of 148,592, yielding a price per square foot of $76.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $11,400,000
• Units: 81
• Price Per Unit: $140,740
• Square Footage: 148,592
• Price Per Square Foot: $76
• Buyer: Alfred D'Andrea & Carlo Carlozzi
• Seller: Irshad Sideeka
• Brokers: Josh Morris & John Slyman - New England Apartment Group & Tim Thompson

Alfred D'Andrea and Carlo Carlozzi were the buyers involved in this transaction, while Irshad Sideeka served as the seller. The brokers facilitating the deal included Josh Morris and John Slyman from New England Apartment Group, along with Tim Thompson.