Bridgeport, AL Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Bridgeport, Alabama Market population: 146K. Explore income-producing properties with verified cap rates and operating...
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10 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Bridgeport CT Properties: 4.3500%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Bridgeport CT
Common questions from investors exploring commercial real estate in Bridgeport CT.
What is the overall investment potential of Bridgeport, CT, considering its demographic and economic factors?
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The city's median household income of $41,050, combined with a poverty rate of 22.4% and a health insurance coverage rate of 84.1%, suggests a working-class market with some employment stability. The top industries, including Public Administration and Wholesale Trade, contribute to a diverse economy, while the 25.9% foreign-born rate and top ethnicities of Hispanic, White, and Black indicate a culturally diverse population. This diversity, along with a median property value of $188,000, may attract investors looking for a balanced market.
How does the commute time and transportation infrastructure impact the quality of life for residents and potential renters in Bridgeport?
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The average commute time of 26.6 minutes, with top commute methods including Drove Alone, Carpooled, and Public Transit, indicates a relatively manageable commute. This, combined with a health insurance coverage rate of 84.1% and a median age of 32.3, suggests a decent quality of life for residents. Investors may find this appealing, as a stable and relatively healthy population can lead to more reliable tenants and a lower turnover rate.
What are the implications of the poverty rate and income inequality on the rental market in Bridgeport?
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The poverty rate of 22.4% and a GINI coefficient of 0.47 suggest significant income inequality, which may impact the rental market. However, the employed population of 64,467 and a median household income of $41,050 indicate some economic stability. Investors should consider these factors when assessing the potential for rental income and tenant quality, as a working-class population with stable employment can provide a reliable rental market.
How does the ethnic diversity and industry mix in Bridgeport influence market demand for real estate investments?
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The city's ethnic diversity, with top ethnicities including Hispanic, White, and Black, and a foreign-born rate of 25.9%, may attract investors looking for a culturally diverse market. The top industries, including Public Administration and Wholesale Trade, contribute to a diverse economy, which can lead to a stable demand for housing. This diversity, combined with a median property value of $188,000, may make Bridgeport an attractive option for investors seeking a balanced market with potential for long-term growth.
What are the key factors investors should consider when evaluating the potential return on investment (ROI) in Bridgeport's real estate market?
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Investors should consider the median property value of $188,000, median property taxes of $21,001, and a homeownership rate of 42.3% when evaluating ROI. Additionally, the poverty rate of 22.4%, health insurance coverage rate of 84.1%, and average commute time of 26.6 minutes can impact tenant quality and rental income. By assessing these factors, investors can make a more informed decision about the potential for ROI in Bridgeport's real estate market.
Bridgeport CT Real Estate & City Facts
Key facts and real estate information about Bridgeport CT.
What are some of the best neighborhoods to live in Bridgeport?
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Some of the best neighborhoods to live in Bridgeport include the North End, Black Rock, and Brooklawn. These neighborhoods offer a range of housing options, from affordable to upscale, and are known for their peaceful surroundings and pleasant atmosphere. The North End is a charming, family-friendly neighborhood with decent restaurants, local bars, and charming parks. Black Rock is a waterfront gem with a range of housing options and a thriving community. Brooklawn is another popular neighborhood with a mix of old and new homes and a strong sense of community.
What are some fun things to do in Bridgeport?
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There are plenty of fun things to do in Bridgeport, including visiting the Beardsley Zoo, the Total Mortgage Arena, and Seaside Park. The city also has a range of museums, such as the Housatonic Museum of Art and the P.T. Barnum Museum. For outdoor enthusiasts, there are plenty of parks and trails to explore, including the East Bridgeport Historic District and the Pequonnock River Trail. And for foodies, there are a range of restaurants to try, from Italian to seafood to upscale dining.
What is the food scene like in Bridgeport?
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The food scene in Bridgeport is thriving, with a range of restaurants serving everything from Italian to seafood to upscale cuisine. Some popular restaurants include Trattoria 'A Vucchella, Joseph's Steakhouse, and Brewport Brewing Co. There are also plenty of great food trucks and casual eateries to try, such as Boca oyster bar and The Tasty Yolk. And for those looking for a unique dining experience, there are plenty of options to choose from, including waterfront restaurants and historic eateries.
What are the pros and cons of living in Bridgeport?
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The pros of living in Bridgeport include its affordable housing options, range of outdoor recreational activities, and thriving cultural scene. The city also has a strong sense of community, with many neighborhood events and festivals throughout the year. However, some cons of living in Bridgeport include its high crime rate and limited job opportunities. Additionally, the city's infrastructure is still developing, and some areas can be quite congested. Overall, Bridgeport is a great option for those looking for an affordable and vibrant city with a range of amenities and activities.
Is Bridgeport a good place to live?
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Bridgeport is a great place to live for those who are looking for an affordable and vibrant city with a range of amenities and activities. The city has a strong sense of community, a thriving cultural scene, and plenty of outdoor recreational opportunities. However, it's not without its challenges, including a high crime rate and limited job opportunities. Overall, Bridgeport is a good option for those who are looking for a city with a small-town feel and a range of amenities and activities, but may not be the best fit for those who are looking for a more suburban or rural lifestyle.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Bridgeport CT Commercial Property: $41,050
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
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⭐ Featured
Prime 15-Unit Multifamily Investment in Heart of San Francisco
$4,895,000
San Francisco
Multifamily
Cap Rate
%
NOI
$0
Size
8,225 SF
⭐ Featured
7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate
$2,100,000
Long Beach
Multifamily
Cap Rate
7.00%
NOI
$144,960
Size
6,074 SF
⭐ Featured
Prime Arcata Multifamily Value-Add: 126-Unit Garden Apartment with 8.67% Cap Rate
$12,750,000
Arcata
Multifamily
Cap Rate
8.67%
NOI
$99,999
Size
87,484 SF
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