60 Montebello Rd - Hospitality FOR SALE


Warwick, RI 02886- Warwick/West Warwick
$2,750,000 USD
412-262-1200
60 Montebello Rd, Warwick, RI for Sale
$2,750,000 USD
Hospitality - FOR SALE
1/2
null | Request Cap Rate

60 Montebello Rd
Warwick, RI 02886
Warwick/West Warwick


HIGHLIGHTS

  • Intermodal Zoning.
  • Across from Airport.
  • Multifamily Development Opportunity.
  • Hospitality Development Opportunity.
  • Shovel Ready.

OVERVIEW

Prime land across from TF Green Airport, located in Intermodal District. Approximately 2.4acres. This site is fully entitled, complete architectural and engineering, and permitted for a Marriott Residence Inn (with reimbursement above purchase price for out of pocket costs of drawings, franchise, and entitlement costs). Alternatively this is prime land for a multifamily development, etc.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$26 USD /SF

# OF ROOMS

140

PRICE/ROOM

$19,643 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Entitled Marriott Residence Inn Site

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

6

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.42 AC

LAND SF

105,590 SF

ZONING

HU

APN/PARCEL ID

WARW-000323-000296-000000

ASK ABOUT THIS PROPERTY

Sam DiCicco JrDiCicco Development Inc.More Info
412-262-1200

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Sam DiCicco JrDiCicco Development Inc.More Info
412-262-1200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.