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Multifamily

The Phenix Apartments

230 Phenix Ave, Cranston, RI 02920

Listing Price: Request For Offer

Number of Units
16
Gross SF
15,039

Investment Overview

The Phenix Apartments is a multifamily property totaling 16 units in Cranston, RI. The complex is comprised of (12) 1 bedroom, 1 bathroom units, and (4) 2 bedroom, 1 bathroom units. The property provides a value-add opportunity by increasing rents to current market levels. The property has nearby highway access with I-295 (0.68 miles away), I-95 (2.6 miles away), Route 1 (2.9 miles away). The MBTA Commuter Rail can be accessed at Providence Station (4.8 miles away). Nearby points of interest include: Johnson & Wales (4.5 miles away), Brown University (5.0 miles away), Roger Williams Zoo (3.3 miles away).

Investment Highlights

  • 16 unit multifamily located in Cranston, RI.
  • Value-add opportunity by increasing current rents to market levels.
  • First time on market in 35+ years.

Exclusively Listed By

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    (718) 475-4360

    License(s) RI: REC.0018863

    Rhode Island

Multifamily

The Phenix Apartments

Listing Price: Request For Offer

Number of Units
16
Gross SF
15,039

Investment Highlights

  • 16 unit multifamily located in Cranston, RI.
  • Value-add opportunity by increasing current rents to market levels.
  • First time on market in 35+ years.

Investment Overview

The Phenix Apartments is a multifamily property totaling 16 units in Cranston, RI. The complex is comprised of (12) 1 bedroom, 1 bathroom units, and (4) 2 bedroom, 1 bathroom units. The property provides a value-add opportunity by increasing rents to current market levels. The property has nearby highway access with I-295 (0.68 miles away), I-95 (2.6 miles away), Route 1 (2.9 miles away). The MBTA Commuter Rail can be accessed at Providence Station (4.8 miles away). Nearby points of interest include: Johnson & Wales (4.5 miles away), Brown University (5.0 miles away), Roger Williams Zoo (3.3 miles away).

Exclusively Listed By

Broker of Record

  • John Horowitz

    First Vice President / District Manager

    (718) 475-4360

    License(s): RI: REC.0018863

    Rhode Island

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