News: Rhode Island

Cawley and Braun of United Multi Family broker sale of 55 units for $3.9 million

United Multi Family brokered the sale of a 55-unit apartment building at 1363 Smith St. for $3.9 million. Handled by Richard Cawley & Jason Braun, the four story brick residences were built in 1963 and consisted of 19 two-bedrooms with some having 1.5 baths, 31one-bedroom and 5 efficiency apartments. The units have balconies plus there is off street parking and onsite laundry facilities. The property was sold by Hamilton Holdings, LLC to Hatfield Properties with financing provided by Bank of Cape Code.
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