Multifamily Apartment
For Sale
Contact for pricing
1290 Westminster St, Providence, RI 02909
Portfolio sale includes 28 apartments plus a commercial unit, with 99% occupancy and new construction.
Property SizeContact for details
Days on Market124
Property Features for 1290 Westminster St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
99%
Units
Multifamily Units
28
Office Units
1
Listing Agency:
Waldman and Associates
Listed By:
Dan waldman · License #MA REB.0017113
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 20 at 7:00PM
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 Waldman and Associates
Investment Insights
Based on property information with market context.
This portfolio sale includes 11–15 Piedmont, 12 Piedmont, and 408 Atwell, comprising 28 apartments and one commercial unit. The offering is described as new construction and is reported to be 99% leased.
The properties are located at 11–15 Piedmont, 12 Piedmont, and 408 Atwell in Providence, Rhode Island (1290 Westminster St, Providence, RI 02909 listed as the address). This configuration provides a mix of residential units and one commercial component within the same transaction.
As presented, the asset consists of apartment buildings and residential income properties, and the stated leasing level may be of interest to buyers seeking an already occupied portfolio rather than a ground-up repositioning.
The properties are located at 11–15 Piedmont, 12 Piedmont, and 408 Atwell in Providence, Rhode Island (1290 Westminster St, Providence, RI 02909 listed as the address). This configuration provides a mix of residential units and one commercial component within the same transaction.
As presented, the asset consists of apartment buildings and residential income properties, and the stated leasing level may be of interest to buyers seeking an already occupied portfolio rather than a ground-up repositioning.
Key Highlights
- Portfolio sale includes 11‑15 Piedmont, 12 Piedmont, and 408 Atwell
- Total of 28 apartments plus 1 commercial unit
- 99% leased/occupied across the portfolio
Property Analytics
Current Use
Lease Details
1
Office units
28
Residential units
99%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
Explore this area
Business Placement
Demographics for 02909, RI
46,119
Population
18,602
Households
2.5
Avg Household Size
31
Median Age
24%
College-Educated
80%
High-School Grad
3.1 sq mi
ZIP Area
14,877
Density / Sq Mi
$63,950
Median Household Income
$37,090
Median Earnings
$1,258
Median Rent
$283,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio sale includes 28 apartments plus a commercial unit, with 99% occupancy and new construction.
Where is this apartment building located?
The property is located at 1290 Westminster St Providence, RI.
What are key features of this property?
This property features: Portfolio sale includes 11‑15 Piedmont, 12 Piedmont, and 408 Atwell; Total of 28 apartments plus 1 commercial unit; 99% leased/occupied across the portfolio
