50 ENTERPRISE CTR
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Location
50 ENTERPRISE CTR
Map/Block/Lot/Unit
113/ / 15/F /
Acct#
202500160
Owner
ENTERPRISE RESIDENCES LLC
Total Market Value
$5,916,700
Appraisal
$5,916,700
PID
2541
Building Count
2
Current Value
Appraisal
Valuation YearImprovementsLandTotal
2023$3,567,700$2,349,000$5,916,700
Assessment
Valuation YearImprovementsLandTotal
2023$3,567,700$2,349,000$5,916,700

Owner of Record
OwnerENTERPRISE RESIDENCES LLC
Co-Owner
Address50 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
Sale Price$5,250,000
Certificate
Book & Page 1872/174
Sale Date06/26/2025
Instrument00

Ownership History
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ENTERPRISE RESIDENCES LLC$5,250,000 1872/1740006/26/2025
KVH INDUSTRIES INC$2,000,000 0396/0119UK05/07/1996
SKW REAL ESTATE LP$0 0391/0300UK03/28/1996
SKW REAL ESTATE LIMITED PARTNERSHIP$0 0391/0299UK09/21/1994

Future Owners
Ownership History
OwnerSale PriceCertificateBook & PageInstrumentSale Date
ENTERPRISE RESIDENCES LLC$5,250,000 1872/1740006/26/2025

Building Information
Building 1 : Section 1
Year Built: 2023
Living Area: 72,138
Replacement Cost: $16,185,186
Building Percent Good: 20
Replacement Cost
Less Depreciation:
$3,237,000
Building Attributes
FieldDescription
Style:Apartments
ModelCommercial
GradeVery Good
Stories:3
Occupancy81.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2 
Roof StructureFlat
Roof CoverT-G or Memb
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Inlaid Sht Gds
Interior Floor 2Carpet
Heating FuelElectric
Heating TypeForced Air-Duc
AC TypeHeat Pump
Bldg UseLG BUSINES MDL-96
Total Rooms 
Total Bedrms117
Total Baths87
CON1 
CON2 
1st Floor Use:333I
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingAVERAGE
Ceiling/WallSUS-CEIL & WL
Rooms/PrtnsAVERAGE
Wall Height10.00
% Comn Wall0.00
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
FUSUpper Story, Finished 47,242 47,242
BASFirst Floor 24,896 24,896
CANCanopy 352 0
CLPLoading Platform, Finished 550 0
CTHCath Clng 1,020 0
FEPPorch, Enclosed, Finished 64 0
   74,124 72,138
Building 2 : Section 1
Year Built: 2010
Living Area: 1,150
Replacement Cost: $141,910
Building Percent Good: 85
Replacement Cost
Less Depreciation:
$120,600
Building Attributes : Bldg 2 of 2
FieldDescription
Style:Research/Devel
ModelCommercial
GradeAverage
Stories:1
Occupancy1.00
Exterior Wall 1Brick/Masonry
Exterior Wall 2Concr/Cinder
Roof StructureFlat
Roof CoverT-G or Memb
Interior Wall 1Drywall/Sheet
Interior Wall 2 
Interior Floor 1Concr Abv Grad
Interior Floor 2 
Heating FuelGas
Heating TypeForced Air-Duc
AC TypeCentral
Bldg UseLG BUSINES MDL-96
Total Rooms 
Total Bedrms 
Total Baths 
CON1 
CON2 
1st Floor Use: 
Heat/ACHEAT/AC PKGS
Frame TypeMASONRY
Baths/PlumbingNONE
Ceiling/WallCEIL & WALLS
Rooms/PrtnsLIGHT
Wall Height18.00
% Comn Wall 
Building Photo Building Photo
Building Layout Building Layout
Building Sub-Areas (sq ft)
CodeDescriptionGross
Area		Living
Area
BASFirst Floor 1,150 1,150
   1,150 1,150

Extra Features
Extra Features
CodeDescriptionSizeValueBldg #
MEZ1MEZZANINE-UNF352.00 S.F.$6,0002
SPR2WET/CONCEALED51196.00 S.F.$23,6001
ELE3ELEVATOR-3STP2.00 UNITS$26,0001
SPR1SPRINKLERS-WET23576.00 S.F.$9,4001
LDL1LOAD LEVELERS3.00 UNITS$2,1001

Land
Land Use
Use Code112C
DescriptionAPT 6 MORE MDL-94  
ZoneOBA
Neighborhood3500
Alt Land ApprNo
Category
Land Line Valuation
Size (Buildable Lot)81.0000
Frontage0
Depth0
Total Market Land$2,349,000
Appraised Value$2,349,000

Outbuildings
Outbuildings
CodeDescriptionSizeValueBldg #
PAV1PAVING-ASPHALT92000.00 S.F.$138,0001
LT1LIGHTS-IN W/PL8.00 UNITS$2,8001
LT2W/DOUBLE LIGHT4.00 UNITS$2,2001
Valuation History
Appraisal
Valuation YearImprovementsLandTotal
2025$3,567,700$2,349,000$5,916,700
2024$4,030,700$2,502,300$6,533,000

Assessment
Valuation YearImprovementsLandTotal
2025$3,567,700$2,349,000$5,916,700
2024$4,030,700$2,502,300$6,533,000

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