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200 Waterman Street, Provid...

The Starbridge Group Acquires Mixed-Use Property In Providence, RI For $950,000
SOLDMixed-use

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

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

Elimam Sansousi

Broker

$950K

vol

1 deal

Broker

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