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Marcus & Millichap Sells Multifamily Asset On Lena Street In Providence, RI For $1.3M

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SOLD
$1,300,000

Rhode Island

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MultiFamily21,000 SF
Sold 08/31/2020
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Property Image
SOLD

Marcus & Millichap Sells Multifamily Asset On Lena Street In Providence, RI For $1.3M

20 Lena St, North Providence, RI 02904, USA

See Similar Deals
MultiFamily21,000 SF
Sold 08/31/2020
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Summary

RHODE ISLAND
Asset Type:MultiFamily
Price Per Square Foot:$61
Total Square Footage:21,000 SF
Transaction Type:Sale

The asset involved in this closed transaction is a multifamily property located at 20 Lena Street in Providence, RI. The property spans across 21,000 square feet and was sold for a price of $1,300,000, resulting in a price per square foot of $62.

Summary of transaction details

Matthew Pierce and Harry Verenis from Marcus & Millichap were the brokers involved in this transaction. They represented the parties in the deal, facilitating the successful sale of the multifamily property at 20 Lena Street in Providence, RI.

Players

Harry Verenis
11 deals$29.6M volume
BROKER

Matthew Pierce
Marcus & Millichap
12 deals$54.6M volume(617) 896-7214
BROKER

Details

SOLD
IMAGE: IMAGE: Matthew Pierce & Harry Verenis⁠ DATE: 08/31/2020⁠ ADDRESS: 20 Lena Street⁠ MARKET: Providence, RI⁠ ASSET TYPE: Multifamily⁠ BROKERS: Matthew Pierce & Harry Verenis – Marcus & Millichap⁠ SALE PRICE: $1,300,000⁠ SF: 21,000⁠ PPSF: $62

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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