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Updated almost 6 years ago on . Most recent reply
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Bridgeport Cap Rates & Expense Assumptions
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
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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.