Bridgeport 16 Units

BlueSpruce Holdings closed on this 16-door stabilized asset in April 2018. We bought this community because of its strong cash flow and the ongoing development of the Bridgeport’s Black Rock neighborhood, the most desirable part of the city.

Deal profile:Cash flow
Purchase price:$1,200,000
Equity raised:$280,000
Projected COC:9%

You can download the original investor package here.

Investors received a 2.17% distribution at closing.

Actual Returns on $100,000 investment
April 2018$2,170
July 2018$2,000
October 2018$2,000
January 20019$0
April 20019$0

We publish all results on a quarterly basis, so bookmark this page and check back in a few months.

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Posted on

July 13, 2017