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101 Avalon Lake Rd
Danbury, CT 06810
Willow Grove · Multifamily Property For Sale · 135 Units

PROPERTY FACTS

No. Units 135
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class A
Lot Size 32.13 AC
Building Size 166,320 SF
Average Occupancy 96%
No. Stories 3
Year Built/Renovated 1999/2015
Parking Ratio 1.73/1,000 SF
Zoning RMF4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Security System
  • Ceiling Fans
  • Granite Countertops
  • High Speed Internet Access
  • Refrigerator
  • Range
  • Views
  • Walk-In Closets
  • Wi-Fi
  • Window Coverings

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Picnic Area
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Grill
  • Package Service
  • Wi-Fi
  • Maintenance on site
  • Smoke Detector

ABOUT 101 AVALON LAKE RD , DANBURY, CT 06810

Willow Grove represents an opportunity to purchase a 135-unit luxury apartment community on 31 acres located in Danbury, Fairfield County, CT. Built in 1999, the property offers an abundant amenity package, charming community setting, oversized apartments and value add potential. An investor can follow the seller's already proven renovation program to upgrade the remaining 25% of the homes with original finishes and grow rents $154 per month, on average. Danbury is the economic hub of northern Fairfield County with major employers including Boehringer-Ingelheim, Praxair, Pitney Bowes, GE, Danbury Hospital and Western Connecticut State University. Danbury: North Fairfield County' s Economic Hub - Located 20 miles from Norwalk, 30 miles from Stamford, 35 miles from White Plains and 65 miles from New York City.  - Directly across from Boehringer-Ingelheim' s 966,000 SF North American headquarters with 2,700 employees Additional Danbury employers include: Pitney Bowes, GE, Praxair, Belimo, Cartus, MannKind and Scholastic.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C16/ / 23/ /
Land Assessment
$3,125,430
Improvements Assessment
$20,216,070
Total Assessment
$23,341,500
  • Listing ID: 7282469

  • Date on Market: 5/18/2017

  • Last Updated:

  • Address: 101 Avalon Lake Rd, Danbury, CT 06810

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