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Marcus & Millichap Arranges the Sale of a 36-Unit Apartment Building in Woonsocket, RI

September 15, 2021

Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Peters River Residences, a 36-unit apartment property located in Woonsocket, RI, according to Thomas Shihadeh, regional manager of the firm’s Boston office. The asset sold for $4,875,000.

Harry Verenis, an investment specialist in Marcus & Millichap’s Boston office, had the exclusive listing to market the property on behalf of the seller. The buyer was also secured and represented by Harry Verenis.

Peters River Residences is located at 77 Fulton St in Woonsocket, RI. The property is comprised of three buildings, consisting of entirely two-bedroom, one-bathroom apartments. 

 

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About Marcus & Millichap (NYSE: MMI)

With over 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed 8,954 transactions in 2020 with a value of approximately $43 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors. To learn more, please visit: www.MarcusMillichap.com.

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