KW Commercial sells 6,566 s/f multifamily property for $1.4 million
A 6,566 s/f multifamily property located at 20-30 Power Rd. has sold for $1.4 million. The 24-unit brick property is near down city Providence.
Michael Alves of KW Commercial (The Elite Group) represented the sellers and buyers.
"This was an arm length transaction between a Massachusetts investor and a local investment company. This was a beneficial transaction for both parties. The transaction closed in 45 days according to Alves.
Providence, RI JLL has been selected by Brown University Health (BUH) in Rhode Island to support the oversight and management of its combined Brown University Health real estate portfolio.