3 Locations

651-657 MAPLE STREET

651-651 Maple Street contains nine (9) 1-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 8,433 square feet of gross living area in 11,868 square feet of gross area on a 0.11-acre parcel and features on-street parking. Tenants are responsible for gas powered heating & hot water utilities, as well as separately metered electricity, while the Landlord is responsible for city water & sewer.

85-87 CAROLINE STREET

85-87 Caroline Street contains six (6) 1-Bedroom/1-Bathroom units and three (3) 2-Bedroom/1-Bathroom units with 7,224 square feet of gross living area in 10,054 square feet of gross area on a 0.12-acre parcel and features on-street parking. Tenants are responsible for gas powered heating & hot water utilities, as well as separately metered electricity, while the Landlord is responsible for city water & sewer.

103-109 CAROLINE STREET

103-109 Caroline Street contains six (6) 3-Bedroom/1-Bathroom units with 7,866 square feet of gross living area in 10,884 square feet of gross area on a 0.11-acre parcel and features on-street parking. Tenants are responsible for gas powered heating & hot water utilities, as well as separately metered electricity, while the Landlord is responsible for city water & sewer.

ACCESS & CONNECTIVITY

The Portfolio is well positioned for local and regional accessibility in Bridgeport’s East Side, with convenient access to Greater Bridgeport Transit bus service, the Bridgeport Transportation Center, and the city’s rail hub at Bridgeport Station/Amtrak-Metro- North on Water Street.

Nearby bus service includes multiple GBT routes serving downtown and the Transportation Center, including Routes 8, 9, 10, 13, 15, 17, and 22X, providing direct links across Bridgeport and key transit points.

Commuters also benefit from access to Bridgeport Station, which is served by Metro- North’s New Haven Line and Waterbury Branch, as well as Amtrak’s Northeast Regional and Vermonter trains.

IMMEDIATE SCALE OPPORTUNITY

The Caroline & Maple Portfolio offers the opportunity to acquire 27 units in one transaction in a Bridgeport market that has had only 3 properties over 20 units transact in the past 12 months. The property is currently cash-flowing at a favorable return with a low expense ratio, and 22 out of the 27 tenants on steady Rental Assistance Programs.

RENOVATED APARTMENTS

The majority of the apartments have been renovated with new kitchens, bathrooms, windows, flooring, baseboard heaters, and paint.

NEARBY HIGHER EDUCATION

The Portfolio benefits from close proximity to two of the region’s most prominent higher education institutions, University of Bridgeport and Sacred Heart University, both of which serve as significant drivers of local housing demand.

Together, both universities enroll over 14,000 students, creating a steady stream of prospective students looking for nearby off-campus housing.

SEPARATELY METERED UTILITIES

Tenants are responsible for gas-powered heating & hot water utilities, as well as separately metered electricity, which they pay directly at all Properties. The Landlord is responsible for providing city water & sewer to all Properties, which they pay directly.

STRONG RENTAL DEMOGRAPHICS & DEMAND

More than 33,300 people live within 1 mile of the Property with an average household income of $66,087. Over 181,600 people reside within 3 miles of the Property with an average household income of $90,569.

QUALITY OF LIFE AMENITIES

Nearby residents have convenient access to well-known national chains and QSR offerings along East Main Street and Main Street corridors, including brands such as McDonald’s, Dunkin’, Subway, and Popeyes, providing practical daily convenience for commuters and workforce households.

For local dining and sit-down options, popular Bridgeport favorites such as Ralph 'n' Rich's in downtown Bridgeport and The Red Fork offer highly regarded neighborhood dining destinations, while 29 Markle Ct adds an upscale restaurant and lounge option within a short drive.

Gala Foods Supermarket provides a major nearby grocery anchor for everyday shopping, while Chaves Grocery & Gifts and Azteca Meat Market offer neighborhood-scale grocery and specialty food access.

Residents also benefit from convenient access to national pharmacy and convenience brands typically located along East Main Street and downtown retail corridors, including CVS, Walgreens, and multiple gas-station convenience operators that support day-today living needs.

Arcade Mall serves as a historic retail landmark and is part of ongoing downtown revitalization efforts, including new food hall and local vendor concepts that continue to improve neighborhood walkability and resident amenities.