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Solid Industrial Investment Opportunity 0 Brayton Rd, Tiverton, RI (Four Parcels) ***** Presenting 165. 74 acres across four contiguous parcels in a prime Tiverton location, this active gravel operation features a range of revenue-generating uses and infrastructure. Onsite assets include a grandfathered gravel pit producing crushed stone of all sizes, a mulch and materials yard, recycling center, and expansive outdoor storage areas. ***** The property is improved with an 8, 000 sq ft equipment garage with multiple drive-in bays, ideal for servicing heavy machinery, as well as several office trailers supporting day-to-day operations. A seasoned site manager and all equipment/aggregate business components are available for separate negotiation, offering a true turnkey industrial investment. ***** Zoned R80 & R120 LUC 07 - Industrial with excellent access and visibility, the property does include some areas of wetlands toward the rear near the paper street Eight Rod Way. A small landlocked 4-acre residential parcel is also included to the south. Note: Does not include adjacent 8-acre former Firestone parcel. Sale includes all mineral rights. ***** Please do not visit the property without an appointment. Actively running operation. All tours of property must be accompanied by Agent.
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$6,900,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $5,520,000 | $5,520,000 | $5,520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 4.875% | 5.750% | 5.500% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.001% | 5.858% | 5.681% |
| Monthly Tax Payment | $2,505 | $2,505 | $2,505 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $29,212 | $32,213 | $45,103 |
| Total Monthly Payment | $31,842 | $34,843 | $47,733 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.