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Three-Property Multifamily Portfolio
For Sale
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35-45 Vine St, West Warwick, RI 02893

For sale portfolio of three multifamily properties totaling 81 units, 98% occupied as of January 2022.

Property SizeContact for details
Days on Market120

Property Features for 35-45 Vine St

General Information

Standard status Active
Property subtype Retail
Listing Agency: JLL - Boston, Massachusetts
Listed By: Lenny Pierce · License #009535848
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 7:00AM

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.

Exclusively marketed by JLL, this three-property multifamily portfolio totals 81 units and is 100% market-rate. As of January 2022, the portfolio was 98% occupied, with a demonstrated pattern of resilience reflected in strong occupancy history and short downtime when units become available.

All three properties are within an 8-minute drive of one another. The portfolio is minutes from I-95, with access to Providence in under 25 minutes, and it is less than three miles from a primary retail corridor along Route 2. Each property is within a 5-minute walk of RIPTA bus stations, offering convenient public transportation to Providence.

The portfolio is approximately 15 minutes from TF Green International Airport, which includes an MBTA Commuter rail station offering access to Boston in under 75 minutes.

Key Highlights

  • Portfolio of 3 multifamily properties totaling 81 units
  • 98% occupied as of January 2022
  • 100% market‑rate multifamily portfolio

Property Analytics

Current Use

Maple Leaf Apartment Building

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.

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?
Apartment building - For sale portfolio of three multifamily properties totaling 81 units, 98% occupied as of January 2022.
Where is this apartment building located?
The property is located at 35-45 Vine St West Warwick, RI.
What are key features of this property?
This property features: Portfolio of 3 multifamily properties totaling 81 units; 98% occupied as of January 2022; 100% market‑rate multifamily portfolio
(617) 531-4100 Call to check price and availability
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