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Trafalgar East Apartments - East Greenwich, RI

Situated in the waterfront town of East Greenwich, Rhode Island, Trafalgar East Apartments (TE) is a unique complex comprised of 163 units of both market rate and tax credit apartments. The apartments are spread throughout four buildings and include studio, one and two bedroom apartment homes.

Fresh from a recent renovation completed in 2014, the TE buildings received new roofs, mechanical systems, balcony improvements as well as new parking lots and landscaping. The budget for the project was approximately $1,900,000 and was supervised by the owner’s construction management division, Cathedral Construction Management.

Property Advisory Group provides the property management services for Trafalgar East. Currently the site is enjoying a vacancy rate of less than two percent with a healthy waiting list of potential tenants.

Financing for the project was provided through a HUD funded 223(f) loan.