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Updated almost 6 years ago on . Most recent reply

User Stats

42
Posts
31
Votes
Paul Bergagna
31
Votes |
42
Posts

Bridgeport Cap Rates & Expense Assumptions

Paul Bergagna
Posted

BP folks - 

What are cap rates for multi in Bridgeport?  Looking for a range for turn-key and value-add properties.  

Also, what are some reasonable expense assumptions (per unit) for Gas, electric, water, sewer and insurance?  

Thanks in advance!

PB

Most Popular Reply

User Stats

9
Posts
1
Votes
William Hughes
  • Specialist
  • DelMarVa
1
Votes |
9
Posts
William Hughes
  • Specialist
  • DelMarVa
Replied

Would I be wrong to say all that Paul is asking (insurance, water &sewer,  gas, electric) is variable? Some investors have a certain cap they want or look for. The property dictates that.  12% may be the only cap they accept. Understanding a person wants saves time anguish and reputations. 

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