Updated Sep 9, 2024
The Starbridge Group Acquires Mixed-Use Property In Providence, RI For $950,000
200 Waterman Street, Providence, RI, USA
$950,000
$142/SF
Building Size
6,671 SF
Asset Type
Mixed-use
Closing
Aug 12, 2021
About this deal
AI
Located at 200 Waterman Street in Providence, RI, this mixed-use property has been recently sold for a price of $950,000. The transaction took place on August 13, 2021, and the sale was represented by Dan Waldman from Waldman & Associates, acting as the seller's representative. The buyer's representative was Eli Sansousi from The Starbridge Group.
Summary of transaction details:
- Property Type: Mixed-use
- Sale Price: $950,000
- Square Footage: 6,671
- Price per Square Foot: $6,671
- Market: Providence, RI
The property at 200 Waterman Street was successfully sold, thanks to the efforts of Dan Waldman from Waldman & Associates as the seller's representative, and Eli Sansousi from The Starbridge Group as the buyer's representative. The transaction involved a mixed-use asset and was finalized for a price of $950,000. The property spans an area of 6,671 square feet, resulting in a price per square foot of $6,671. The sale took place in Providence, RI.
Players
Providence Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
16.70%
Cash-on-Cash
-4.77%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93