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Updated about 6 years ago on . Most recent reply

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42
Posts
31
Votes
Paul Bergagna
31
Votes |
42
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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

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