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ReNew Western Cranston

216 Units
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About

About ReNew Western Cranston

Cushman & Wakefield’s New England Multifamily Advisory Group is pleased to present the opportunity to acquire Renew Western Cranston. Tucked into the sought-after Western Cranston, Rhode Island neighborhood, the property offers newly renovated one- and two-bedroom apartment homes that pair classic New England architecture with modern comfort. Built in 1989, the nine building, 216-unit community has been thoughtfully updated with vinyl-plank flooring, gourmet kitchens, full-size in-unit washers and dryers, wood-burning fireplaces, and private outdoor relaxation areas. Ownership has recently implemented a new renovation program (Dream Weave) at the property. Three (3) Dream Weave units have been completed and are achieving a $500/month premium over vintage units, $300/month over previously renovated units.

Residents enjoy high end amenities including a landscaped resort-style pool with sundeck, a cozy gas fire pit area, a Wi-Fi-enabled resident lounge, and a state-of-the-art fitness center with dedicated yoga space, all set against beautifully maintained grounds featuring native plantings.

Residents are minutes from Garden City Center’s upscale shopping and dining, with easy access to Cranston, Warwick, East Greenwich, and downtown Providence. The community is centrally positioned near major hospitals and top-tier colleges including Brown University, Providence College, Johnson & Wales University, and URI’s Providence campus, making it an ideal home base for students, faculty, and working professionals alike.

Process & Pricing

ReNew Western Cranston is offered on an “as-is” basis and without a formal asking price. Upon receipt of a signed Confidentiality Agreement, qualified investors will be provided with access to due diligence materials via the Cushman & Wakefield website. Once investors have the opportunity to review the offering materials and tour the property, Cushman & Wakefield will schedule a “Call for Offers”. 

Documents

Brochure