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Providence County Multifamily 2026: Cap Rates, DSCR, and What I'm Actually Seeing
Providence County Multifamily 2026: Cap Rates, DSCR, and What I'm Actually Seeing
What the published data says about Providence County multifamily — and what Alexander is actually seeing on two-to-four family deals. The 5.2% cap rate everyone quotes is a national Class A/B average, not a Providence print. The small investors buying two, three and four family properties here want to see closer to 7%. This episode walks through what the data supports, two recent deals (Central Falls on FHA financing, Pawtucket at 20% down and roughly break-even), and why rent ceilings — no...