News: Rhode Island

Alves of KW Commercial Realty brokers $630,000 sale in Pawtucket

Pawtucket, RI Michael Alves of KW Commercial Realty (The Elite Group) brokered the sale of a 12-unit multifamily located at 109 Montgomery St.

The 10,000 s/f building was sold to a foreign investor for $630,000 which equates to $52,500 per unit with an 11% cap rate.

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