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The City Trust Collection 955 Main St

117 Unit Apartment Building For Sale Bridgeport, CT 06604

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Investment Highlights

Dynamic Value-Add Opportunity
Significant Recent Capital Expenditures
Outstanding Location

Accretive Assumable Financing
Strong Market Fundamentals

Executive Summary

Northeast Private Client Group is pleased to exclusively present for sale City Trust Collection, a 273,612 square foot mixed-use property located in a Federal Opportunity Zone in Downtown Bridgeport, CT.
City Trust Collection encompasses a full city block and is comprised of 117 market rate apartment units, 42,238 square feet of commercial space, and a 90,500 square foot, 240 space parking garage.
City Trust Collection presents a new owner with a dynamic value-add opportunity of significant scale in Bridgeport’s rapidly evolving CBD.

City Trust - Bridgeport CT - Offering Memo compressed

City Trust Workbook 11.21.2024

Property Facts

Sale Type	Investment	Building Size	273,612 SF
No. Units	117	Average Occupancy	90%
Property Type	Multifamily	No. Stories	11
Property Subtype	Apartment	Year Built/Renovated	1928/2000
Apartment Style	Mid Rise	Parking Ratio	0.88/1,000 SF
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.28 AC

Sale Type	Investment
No. Units	117
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Mid Rise
Building Class	B
Lot Size	1.28 AC
Building Size	273,612 SF
Average Occupancy	90%
No. Stories	11
Year Built/Renovated	1928/2000
Parking Ratio	0.88/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.