The Presley Apartments

The Presley is a 190-unit apartment community located in Warwick, RI. Originally built as a a 207-room Sheraton, GoodHomes combined some units to create a mix of 163 large studios and 27 one bedroom units.

The property features an indoor pool, clubhouse & game room, co-working space, fitness & wellness center, tenant storage room, package lockers, and plenty of room for additional tenant amenities.

The property also features an onsite restaurant, Pat’s Italian, scheduled to open in the Fall 2025.

Market Highlights:

• Situated 12 miles from Downtown Providence, Warwick has one of the lowest vacancy rates in the country (1.17% in 2021), with competitive properties ~100% full.

• The property is directly adjacent to the Rhode Island T.F. Green International Airport.

• Located 15 minutes from Amazon’s new 4 million SF fulfillment center in Johnston, expected to open in 2024 and bring 1,500 jobs to the area. It is also 10 minutes from Amazon’s Providence distribution center.