Avi Yosopov & Shawn Yosopov Acquire Multifamily Property In Bridgeport, CT For $7.8M
SOLD
$7,800,000
Connecticut
See Similar DealsMultiFamily50,250 SF
Sold 09/21/2023
SOLD
Avi Yosopov & Shawn Yosopov Acquire Multifamily Property In Bridgeport, CT For $7.8M
MultiFamily50,250 SF
Sold 09/21/2023
Summary
CONNECTICUT
Asset Type:MultiFamily
Price Per Square Foot:$155
Total Square Footage:50,250 SF
Transaction Type:Sale
A multifamily property located in Bridgeport, CT has been sold for a total price of $7,800,000. The property consists of 67 units, with a price per unit of $116,418. The total area of the property is 50,250 square feet, with a price per square foot of $155.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $7,800,000
- Units: 67
- Price per Unit: $116,418
- Square Feet: 50,250
- Price per Square Foot: $155
- Market: Bridgeport, CT
The buyer of the property is Avi Yosopov and Shawn Yosopov, while the seller is Mencahem Gurevitch. Yoso Properties, owned by Avi Yosopov and Shawn Yosopov, is actively seeking value-add properties throughout the Tri-State area. For any opportunities, interested parties can contact Avi Yosopov at [email protected] or Shawn Yosopov at [email protected].
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$415,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,711.76
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,975.98
Annual Debt Service$443,711.75
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