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68 Chapin Ave, Providence, RI 02909
Multi-building apartment portfolio with select kitchen and HVAC improvements in Providence’s Federal Hill neighborhood.
Property SizeContact for details
Days on Market143
Property Features for 68 Chapin Ave
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
79
Building Details
Buildings
21
Listing Agency:
NAI Advisors
(843) 367-0291
Listed By:
Bob Berle · License #RIREB.0019029
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 10:56PM
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 NAI Advisors
Investment Insights
Based on property information with market context.
This apartment portfolio comprises 79 units across 21 buildings at 68 Chapin Ave in Providence, Rhode Island. Select properties have received kitchen and HVAC upgrades, providing a varied improvement profile across the residential assets.
The portfolio is situated in the Federal Hill neighborhood and has maintained close to 100% occupancy, along with a strong rental history through the pandemic. Current rents are reported at 20% below market, and additional property details are available with a signed Confidentiality Agreement.
The portfolio is situated in the Federal Hill neighborhood and has maintained close to 100% occupancy, along with a strong rental history through the pandemic. Current rents are reported at 20% below market, and additional property details are available with a signed Confidentiality Agreement.
Key Highlights
- 79‑unit apartment portfolio spanning 21 buildings
- Located in Providence’s Federal Hill neighborhood
- Close to 100% occupancy
Property Analytics
Property Profile
Current Use
Lease Details
79
Residential units
Location Intelligence
Trade Area within ½ mile
1,484
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 - Multi-building apartment portfolio with select kitchen and HVAC improvements in Providence’s Federal Hill neighborhood.
Where is this apartment building located?
The property is located at 68 Chapin Ave Providence, RI.
What are key features of this property?
This property features: 79‑unit apartment portfolio spanning 21 buildings; Located in Providence’s Federal Hill neighborhood; Close to 100% occupancy
