Link Representative For Property
Affiliated Company
Address
Undisclosed Address Bridgeport Connecticut 06605
Building/Land Information
Property Type
Land
Property Subtype
Multifamily
Lot Size Acres
0.56
UNDISCLOSED 45 UNIT MULTIFAMILY CONVERSION BRIDGEPORT CT FOR SALE
Sale Price Dollars
$1,100,000.00
Market
Bridgeport
Description
EAC Properties LLC presents for sale, a 0.6 acre vacant lot. This
cleared land site approved for the development of 45 multifamily
apartment units in one of Fairfield County’s most established urban
rental markets.
The seller prefers an all-cash, quick-close transaction, but is also open
to retaining a structured partnership interest, creating potential
alignment for a joint venture or capital-stack optimization.
The site is located within the Northeast Corridor, supported by I-95
vehicular connectivity and Metro-North commuter rail service,
providing direct access to Stamford, New Haven, and New York City.
This transit orientation, combined with Fairfield County’s diverse
employment base—including healthcare, education, financial
services, and advanced manufacturing—supports stable long-term
occupancy and rent growth.
Inquire details!
cleared land site approved for the development of 45 multifamily
apartment units in one of Fairfield County’s most established urban
rental markets.
The seller prefers an all-cash, quick-close transaction, but is also open
to retaining a structured partnership interest, creating potential
alignment for a joint venture or capital-stack optimization.
The site is located within the Northeast Corridor, supported by I-95
vehicular connectivity and Metro-North commuter rail service,
providing direct access to Stamford, New Haven, and New York City.
This transit orientation, combined with Fairfield County’s diverse
employment base—including healthcare, education, financial
services, and advanced manufacturing—supports stable long-term
occupancy and rent growth.
Inquire details!
Location Description
EAC Properties LLC presents for sale, a 0.6 acre vacant lot. This cleared land site approved for the development of 45 multifamily apartment units in one of Fairfield County’s most established urban rental markets. The seller prefers an all-cash, quick-close transaction, but is also open to retaining a structured partnership interest, creating potential alignment for a joint venture or capital-stack optimization. The site is located within the Northeast Corridor, supported by I-95 vehicular connectivity and Metro-North commuter rail service, providing direct access to Stamford, New Haven, and New York City. This transit orientation, combined with Fairfield County’s diverse
employment base—including healthcare, education, financial services, and advanced manufacturing—supports stable long-term occupancy and rent growth. Inquire details!
employment base—including healthcare, education, financial services, and advanced manufacturing—supports stable long-term occupancy and rent growth. Inquire details!
Sale Information +-
Sale Highlights
Approved for 45 Multifamily Units – All necessary approvals
delivered at closing, significantly reducing entitlement risk.
• Efficient Land Basis – Offered at $1.1M or approximately
$24.4K per approved unit, well below replacement land
metrics in Fairfield County.
• Approximately 0.6 Acres – Dense, urban-scale site
supporting efficient unit yield.
• Utilities & Sewer in Place – Minimizes off site infrastructure
costs and accelerates development timeline.
• Vacant & Cleared Parcel – No demolition required; site is
development-ready.
• As-of-Right Development – Eliminates rezoning or variance
risk.
• Strong Rental Fundamentals – Average rents around $1,700/
month, with upside for larger unit configurations.
• High Renter Concentration – Approximately 60% renter
population, supporting sustained demand.
• Transit & Highway Connectivity – Located along the I-95 /
Metro-North Northeast Corridor, serving major employment
hubs.
• Flexible Seller Structure – Seller open to retaining an
ownership interest and pursuing tax abatements or
incentives alongside buyer.
delivered at closing, significantly reducing entitlement risk.
• Efficient Land Basis – Offered at $1.1M or approximately
$24.4K per approved unit, well below replacement land
metrics in Fairfield County.
• Approximately 0.6 Acres – Dense, urban-scale site
supporting efficient unit yield.
• Utilities & Sewer in Place – Minimizes off site infrastructure
costs and accelerates development timeline.
• Vacant & Cleared Parcel – No demolition required; site is
development-ready.
• As-of-Right Development – Eliminates rezoning or variance
risk.
• Strong Rental Fundamentals – Average rents around $1,700/
month, with upside for larger unit configurations.
• High Renter Concentration – Approximately 60% renter
population, supporting sustained demand.
• Transit & Highway Connectivity – Located along the I-95 /
Metro-North Northeast Corridor, serving major employment
hubs.
• Flexible Seller Structure – Seller open to retaining an
ownership interest and pursuing tax abatements or
incentives alongside buyer.
Power
Gas / Propane
Water
Property Use
Development
