NORTH KINGSTOWN – Since the first phase of Saw Mill Square received its certificate of occupancy last month, 22 of the 24 available condominiums have been put under signed purchase and sales contracts, said Lynn Moran, co-owner of developer Moran Properties.
The condos are in the first of five buildings – which will include apartments and commercial space – to be completed in the $20 million development that’s just west of the Quonset Business Park. The second building is now being constructed, Moran said. When finished, the 17-acre development will include 120 condos and 96 apartments.
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The 980-square-foot, one-bedroom condos start at $189,000, with a few upgrades available.
“It’s a great development for someone who might be renting now, because we’ve tried to price it so it is competitive to renting a luxury apartment,” Moran said.
The condos are being marketed by Real Estate One Ltd. of Warwick.
Moran Properties, owned by Steve and Lynn Moran, is based in North Kingstown. For more information about the Saw Mill Square development visit www.sawmillsquareproperties.com.
