Micozzi Management Purchases Multifamily Property From Red Castle Real Estate For $17.89M

The asset involved in this transaction is a multifamily property located at 65-75 Oaklawn Avenue & 3920 Post Road in the Cranston & Warwick, RI market. The sale was finalized at a price of $17,886,400 for a total of 106 units, which equates to a price per unit of $168,740.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,886,400
• Buyer: Micozzi Management
• Seller: Red Castle Real Estate
• Brokers: John Flaherty, Christopher Sower, Jonathan Bryant, Bruce Lusa, Kevin Jones, Mary VanNatta & Julie Regan - Cushman & Wakefield
• Units: 106
• Price Per Unit: $168,740

The brokers representing the transaction played a crucial role in facilitating this deal. The team of brokers includes John Flaherty, Christopher Sower, Jonathan Bryant, Bruce Lusa, Kevin Jones, Mary VanNatta, and Julie Regan from Cushman & Wakefield, providing their expertise and services throughout the transaction process.