Real Estate

Sold: Willow Park Apartments On Park Avenue In Danbury

Northeast Private Client Group has announced the sale of Willow Park Apartments, a multifamily investment property in Danbury.

**News Release Submitted by Northeast Private Client Group**

April 29, 2024

Northeast Private Client Group® (NEPCG) has announced the sale of Willow Park Apartments, a multifamily investment property in Danbury, CT.

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Senior Associates Jeff Wright and Rich Edwards represented the seller and procured the buyer in the transaction.

The 21-unit apartment community is located at 113-115 Park Avenue in the northern Fairfield County town of Danbury. Twenty of the twenty-one units have been renovated to luxury finishes and have achieved a demonstrable and growing rent premium.

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“This multifamily asset, prized for its expansive living spaces and sought-after Fairfield County location, garnered tremendous interest. The exceptional condition of the building further enhanced its appeal, making it a compelling choice for investors seeking both immediate returns and long-term value,” stated Rich Edwards.

Northeast Private Client Group® specializes in mixed-use, retail, and multifamily real estate, exclusively representing investors, property owners, and professional real estate investors. To date, more than 1,200 successful transactions have been completed, totaling over $4 billion in value within local submarkets around the Northeast and Southeast regions of the United States.