<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0708</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001974875</cik>
        <entityName>BSEC P1 LLC</entityName>
        <issuerAddress>
            <street1>720 MAIN ST.</street1>
            <city>KANSAS CITY</city>
            <stateOrCountry>MO</stateOrCountry>
            <stateOrCountryDescription>MISSOURI</stateOrCountryDescription>
            <zipCode>64105</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>8163682011</issuerPhoneNumber>
        <jurisdictionOfInc>MISSOURI</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Limited Liability Company</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2022</value>
        </yearOfInc>
    </primaryIssuer>

    <issuerList>
        <issuer>
            <cik>0001975001</cik>
            <entityName>BSEC P2 LLC</entityName>
            <issuerAddress>
                <street1>720 MAIN ST.</street1>
                <city>KANSAS CITY</city>
                <stateOrCountry>MO</stateOrCountry>
                <stateOrCountryDescription>MISSOURI</stateOrCountryDescription>
                <zipCode>64105</zipCode>
            </issuerAddress>
            <issuerPhoneNumber>8163682011</issuerPhoneNumber>
            <jurisdictionOfInc>MISSOURI</jurisdictionOfInc>
            <issuerPreviousNameList>
                <value>None</value>
            </issuerPreviousNameList>
            <edgarPreviousNameList>
                <value>None</value>
            </edgarPreviousNameList>
            <entityType>Limited Liability Company</entityType>
            <yearOfInc>
                <withinFiveYears>true</withinFiveYears>
                <value>2022</value>
            </yearOfInc>
        </issuer>
        <issuer>
            <cik>0001975000</cik>
            <entityName>BSEC P3 LLC</entityName>
            <issuerAddress>
                <street1>720 MAIN ST.</street1>
                <city>KANSAS CITY</city>
                <stateOrCountry>MO</stateOrCountry>
                <stateOrCountryDescription>MISSOURI</stateOrCountryDescription>
                <zipCode>64105</zipCode>
            </issuerAddress>
            <issuerPhoneNumber>8163682011</issuerPhoneNumber>
            <jurisdictionOfInc>MISSOURI</jurisdictionOfInc>
            <issuerPreviousNameList>
                <value>None</value>
            </issuerPreviousNameList>
            <edgarPreviousNameList>
                <value>None</value>
            </edgarPreviousNameList>
            <entityType>Limited Liability Company</entityType>
            <yearOfInc>
                <withinFiveYears>true</withinFiveYears>
                <value>2022</value>
            </yearOfInc>
        </issuer>
    </issuerList>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Joel</firstName>
                <lastName>Worcester</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>720 Main St.</street1>
                <city>Kansas City</city>
                <stateOrCountry>MO</stateOrCountry>
                <stateOrCountryDescription>MISSOURI</stateOrCountryDescription>
                <zipCode>64105</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Manager of Worcester Investments, LLC, Manager of Issuer</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Residential</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>Decline to Disclose</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06b</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2022-05-02</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isTenantInCommonType>true</isTenantInCommonType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>true</isBusinessCombinationTransaction>
            <clarificationOfResponse>Roll up of tenant in common interests in multifamily residential real estate complex upon closing of final phase of real estate development and related refinance of first lien mortgage, per lender's requirements.</clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>9941744</totalOfferingAmount>
            <totalAmountSold>9941744</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>19</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse></clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>246752</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse>One-time acquisition fee to Worcester Investments, LLC upon closing of transaction.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>BSEC P1 LLC</issuerName>
                <signatureName>Joel Worcester by TSH, POA</signatureName>
                <nameOfSigner>Joel Worcester</nameOfSigner>
                <signatureTitle>Manager of Worcester Investments, LLC, Manager of Issuer</signatureTitle>
                <signatureDate>2023-04-25</signatureDate>
            </signature>
            <signature>
                <issuerName>BSEC P2 LLC</issuerName>
                <signatureName>Joel Worcester by TSH, POA</signatureName>
                <nameOfSigner>Joel Worcester</nameOfSigner>
                <signatureTitle>Manager of Worcester Investments, Manager of Issuer</signatureTitle>
                <signatureDate>2023-04-25</signatureDate>
            </signature>
            <signature>
                <issuerName>BSEC P3 LLC</issuerName>
                <signatureName>Joel Worcester by TSH, POA</signatureName>
                <nameOfSigner>Joel Worcester</nameOfSigner>
                <signatureTitle>Manager of Worcester Investments, Manager of Issuer</signatureTitle>
                <signatureDate>2023-04-25</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
