Projects

Newport Car Vaults

Project facts

Status
Completed
Address
55 John Clarke Rd
City
Middletown, Rhode Island
Region
Rhode Island
Submarket
Newport
Units
30
Average unit size
997 SF
Amenity tier
Standard
Key amenities
Mezzanine Capabilities; Climate Control; 18'+ Clear Heights; Vehicle Lift Capability; Private Bathrooms
Construction
Metal
Finish level
High-Quality
Year built
2022
Flood zone
X

Location Summary

Newport Car Vaults is a 30-unit car condominium at 55 John Clarke Road in Middletown, Rhode Island, developed by Easton Pond Realty LLC, where owners hold title to their units. Units average about 1,000 square feet, and some owners have combined adjoining units. It is a standard-tier community with climate control, clear heights of 18 feet or more, mezzanine options and space for vehicle lifts. The building dates from 2022, and the project is completed.

Middletown sits on Aquidneck Island in Newport County, between Newport and Portsmouth, along State Routes 114 and 138, with Newport State Airport in the town and T.F. Green International Airport in Warwick serving the state. Demand drivers include the estates and summer homes of Newport, the sailing community of Narragansett Bay, and the Audrain Automobile Museum and its annual concours.

It is the only car condo project the SCK national database holds in Rhode Island, and the only Rhode Island project tracked at any stage, which makes it the first of its type in the Newport submarket and in the state.

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