Updated Dec 19, 2023
Cranston Retail Property Sells For $4.65M With Horvath & Tremblay As Brokers
175 Atwood Ave, Cranston, RI, USA
$4,650,000
$1,340/SF
Building Size
3,470 SF
Asset Type
Retail
Closing
Nov 26, 2021
About this deal
AI
Located at 175 Atwood Ave in Cranston, RI, this retail property was recently sold. The sale was represented by Bob Horvath and Todd Tremblay of Horvath & Tremblay. The transaction took place on November 26, 2021.
Summary of transaction details
- Property Type: Retail
- Sale Price: $4,650,000
- Size: 3,470 square feet
- Price per Square Foot: $1,340
- Market: Cranston, RI
The property at 175 Atwood Ave is characterized by its retail use. With a size of 3,470 square feet, the property was sold for a price of $4,650,000, resulting in a price per square foot of $1,340. The transaction was facilitated by Bob Horvath and Todd Tremblay, representing Horvath & Tremblay.
Players
Cranston Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93