-Leading investment sales firm represents the seller and procures buyer in the transaction in Norwalk, Connecticut–
Shelton, CT (April 23, 2024)- Northeast Private Client Group® (NEPCG) has announced the sale of 18 Fairfield Avenue, a multifamily investment property in Norwalk, CT.
Senior Associates Jeff Wright and Rich Edwards and Associate Derek Mahabir represented the seller and procured the buyer in the transaction.
The property is located in the South Norwalk neighborhood of Norwalk. The property has been meticulously maintained by the seller for over 15 years and has undergone major capital projects, including a new roof and new windows.
“This was an incredibly competitive process. We had 20 qualified offers and ultimately went to contract above initial pricing expectations in a cash transaction. Value-add multifamily demand throughout Fairfield County remains very strong,” said Jeff Wright.
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.
