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Golden Hill & Broad Apartments
Bridgeport, CT Downtown Bridgeport

$3,840,000 USD

Multifamily For Sale  •  27,720 SF

2 Properties View all

Property Details

  • Property Type Multifamily
63 Transit Score
93 Walk Score

Highlights

Turn-Key Stabilized Asset with modern finishes and luxury amenities constructed in 2013-2014
Significant Value-Add Opportunity: Current rents averaging $1,402/month are ~$350/month below market
Superior Downtown Location: Walk Score of 91 – “Walker’s Paradise”
Transit-Oriented: 0.4 miles to Bridgeport Metro-North station with direct service to Grand Central
All Tenant-Paid Utilities: Individual PTAC systems and electric hot water heaters
Strong Pro Forma Performance: 8.11% Pro Forma Cap Rate with rental upside to $1,750/mont

Public Transportation

Commuter RailDriveWalkDistance
Bridgeport Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 17 min 0.6 mi
7 min - 3.1 mi
Transit/SubwayDriveWalkDistance
Bridgeport Station (New Haven Line - Metro-North Commuter Railroad Company (Metro-North)) 1 min 17 min 0.5 mi
AirportDriveWalkDistance
Tweed/New Haven 37 min - 22.7 mi
Westchester County 53 min - 34.3 mi
Long Island MacArthur 109 min - 34.9 mi
Bradley Balletto 860-420-9775 Northeast Private Client Group
Bradley Balletto 860-420-9775 Northeast Private Client Group