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Three-Property Apartment Portfolio
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35 Vine St, West Warwick, RI 02893

Three multifamily properties totaling 81 units are 98% occupied as of January 2022.

Property SizeContact for details
Days on Market120

Property Features for 35 Vine St

General Information

Standard status Active
Property subtype Multifamily
Occupancy 98%

Additional Details

Highway Access Yes
Multifamily Units 81

Building Details

Tenancy Multi
Listing Agency: JLL - Boston, Massachusetts
Listed By: Lenny Pierce · License #009535848
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 22 at 5:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Boston, Massachusetts

Investment Insights

Based on property information with market context.

This three-property multifamily portfolio totals 81 units and is reported as 98% occupied as of January 2022. The Portfolio is described as 100% market-rate and includes strong occupancy performance with short downtimes when units become available.

The three properties are located within an 8-minute drive of one another. The Portfolio is minutes from I-95, with Providence access in under 25 minutes, and is less than three miles from a primary Rhode Island retail corridor along Route 2. Each property is within a 5-minute walk of Rhode Island Public Transit Authority (RIPTA) bus stations, and the Portfolio is 15 minutes from TF Green International Airport. TF Green is also noted to feature an MBTA Commuter rail station providing access to Boston in under 75 minutes.

The offering is presented as a for-sale acquisition of immediate scale across three apartment buildings.

Key Highlights

  • West Warwick Portfolio: 3 multifamily properties totaling 81 units (100% market‑rate)
  • 98% occupied as of January 2022
  • Portfolio properties are within an 8‑minute drive of one another

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Kitchen & Bath Showroom Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

81
Residential units
98%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

342
Businesses Nearby

Demographics for 02893, RI

31,030
Population
15,103
Households
2.1
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
7.8 sq mi
ZIP Area
3,978
Density / Sq Mi
$73,903
Median Household Income
$49,087
Median Earnings
$1,249
Median Rent
$293,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three multifamily properties totaling 81 units are 98% occupied as of January 2022.
Where is this multifamily property located?
The property is located at 35 Vine St West Warwick, RI.
What are key features of this property?
This property features: West Warwick Portfolio: 3 multifamily properties totaling 81 units (100% market‑rate); 98% occupied as of January 2022; Portfolio properties are within an 8‑minute drive of one another
(617) 531-4100 Call to check price and availability
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