LREG Investments - Current Offerings - 50 Enterprise Center, Middletown, RI

COMING SOON!

81 Multifamily Units
Located at 50 Enterprise Center in Middletown, Rhode Island

Annual Cash-on-Cash Returns over 11%

Multifamily Value Add Opportunity with an Expert-Led Team

IRR to Limited Partners of 19%
Yield on Cost over 8%

Don't miss out on this fantastic investment opportunity in Middletown, Rhode Island! The former KVH corporate headquarters will be transformed into a multifamily community of 81 homes, including 16 affordable units which will thrive alongside an upcoming former corporate park turned mixed use development. Homes will feature a premier level of finishes executed at properties like The Residences at 801 East Whiting Street. A small amenity package will include a golf simulator and a fitness room. Demand for housing on Aquidneck Island is only intensifying, with news of four new coast guard cutters and the relocation of NOAA personnel and vessels. Newport's tourism economy alone welcomes over 4 million annual visitors, while student and staff populations at CCRI, Salve Regina University and Roger Williams University further press the island's low housing supply.

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