Updated Sep 9, 2024
Lakeshore Realty Facilitates $3.35M Off-Market Multifamily Sale In Bridgeport, CT
240 Oak Street, Bridgeport, Connecticut 06604, United States
$3,350,000
$180/SF
Building Size
18,578 SF
Asset Type
MultiFamily
Closing
Apr 28, 2022
About this deal
AI
Located at 240 Oak St. in Bridgeport, CT, this off-market multifamily property recently sold for a price of $3,350,000. The transaction was facilitated by Lakeshore Realty, with Alban Dedvukaj representing the buyer and Nick Selca representing the seller.
Summary of transaction details:
- Property Type: Multifamily
- Sale Price: $3,350,000
- Date: 04/29/2022
- Market: Bridgeport, CT
- Total Units: 32
- Price Per Unit: $104,687
- Total Square Footage: 18,578
- Price Per Square Foot: $180
Lakeshore Realty played a significant role in this off-market transaction by representing the seller and procuring the buyer. For more off-market opportunities in the NY, CT, & MA markets, you can contact Nick Selca at 203.449.9347 and Alban Dedvukaj at 480.266.7720.
Players
Bridgeport MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.74%
Cash-on-Cash
-1.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93