Rock Ridge Place
66 Unit Apartment Building | $13,600,000 ($206,061/Unit) | Bridgeport, CT 06605
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $13,600,000
- Property Type
-
Multifamily
- Square Feet
- 46,143 SF
Listing Contacts
Edward Jordan
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Bradley Balletto
Verified Profile
Rich Edwards
Verified Profile
Jeff Wright
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Robert Paterno
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Nicole Adams
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- Property Info
Property Overview
Rock Ridge Place is a 66-unit apartment community located in the heart of Black Rock, Bridgeport, CT. Rock Ridge Place has recently received over $2,000,000 in capital improvements and features an array of high-end amenities and finishes that cater to a desirable tenant base of young professionals, affluent commuters, students & faculty, and sophisticated empty-nesters.
Rock Ridge Place includes sixty-three (63) one-bedroom and three (3) two-bedroom apartments. Each apartment features new shaker-style cabinets, stone countertops, stainless steel appliances, in-unit laundry, tile bathrooms, modern lighting, and new flooring. Tenant amenities include a dog park, tenant lounge, elevator, package rooms, sun deck, and covered parking. The property is walkable to many area amenities including the Fairfield Metro Train Station, Captain’s Cove Marina, various parks, Saint Mary’s by the Sea Waterfront, and shopping, dining, arts, and nightlife on Fairfield Avenue.
Rock Ridge Place offers a new owner the opportunity to acquire a turn-key property with remaining value-add potential in one of the most exciting submarkets in Connecticut.
Rock Ridge Place includes sixty-three (63) one-bedroom and three (3) two-bedroom apartments. Each apartment features new shaker-style cabinets, stone countertops, stainless steel appliances, in-unit laundry, tile bathrooms, modern lighting, and new flooring. Tenant amenities include a dog park, tenant lounge, elevator, package rooms, sun deck, and covered parking. The property is walkable to many area amenities including the Fairfield Metro Train Station, Captain’s Cove Marina, various parks, Saint Mary’s by the Sea Waterfront, and shopping, dining, arts, and nightlife on Fairfield Avenue.
Rock Ridge Place offers a new owner the opportunity to acquire a turn-key property with remaining value-add potential in one of the most exciting submarkets in Connecticut.
Property Details
- Class
- B
- Year Built/Renovated
- 1974/2020
- Stories
- 3
- Lot Size (sq. ft)
- 44,431 SF
- Units
- 66
Highlights
- Immediate and Easily Obtainable Value-Add Opportunity
- Multiple Strategies to Capture Remaining Upside
- Turn-Key Property with Significant Recent Capital Improvements
- Highly Amenitized
- Burgeoning Submarket - Black Rock
- Significant Rent-Growth Tailwinds
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