Proposed Multifamily Apartment
For Sale
Contact for pricing
854-874 Federal Rd, Brookfield, CT 06804
Planned 181-unit multifamily development with clubhouse and pool, configured across five residential buildings and one mixed residential/retail building.
Property SizeContact for details
Days on Market120
Property Features for 854-874 Federal Rd
General Information
Standard status
Active
Property subtype
Land
Additional Details
Cap Rate
5.75%
Utilities to Site
Yes
Multifamily Units
181
Amenities
clubhouse
pool
Listing Agency:
Scalzo Commercial & New Development
(203) 790-7077
Listed By:
Paul Scalzo Sr. · License #CT
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 9:26PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Scalzo Commercial & New Development
Investment Insights
Based on property information with market context.
The Enclave at Brookfield Town Center (“The Enclave”) is a proposed new construction multifamily apartment complex planned for 181 units across five residential buildings and one residential/retail building. The development includes a clubhouse with a pool. The project also includes an incentive program for 20% of the units with virtually market rents. Construction is proposed to be executed in three phases.
The project is described as fully approved and shovel ready, with sewers, natural gas, and public water available. According to the provided remarks, a cap rate of 5.75% is supportable by comparable analysis.
The site plan contemplates a mix of apartment-only buildings and a residential/retail component, alongside community amenities in the form of the clubhouse and pool.
The project is described as fully approved and shovel ready, with sewers, natural gas, and public water available. According to the provided remarks, a cap rate of 5.75% is supportable by comparable analysis.
The site plan contemplates a mix of apartment-only buildings and a residential/retail component, alongside community amenities in the form of the clubhouse and pool.
Key Highlights
- Proposed new construction apartment complex planned for 181 units in Brookfield, CT
- 181‑units across 5 residential buildings plus 1 mixed residential/retail building
- Planned clubhouse and pool
Property Analytics
Current Use
Lease Details
181
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Explore this area
Business Placement
Demographics for 06804, CT
17,748
Population
7,063
Households
2.5
Avg Household Size
45
Median Age
54%
College-Educated
96%
High-School Grad
20.0 sq mi
ZIP Area
887
Density / Sq Mi
$142,826
Median Household Income
$62,227
Median Earnings
$1,920
Median Rent
$452,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Planned 181-unit multifamily development with clubhouse and pool, configured across five residential buildings and one mixed residential/retail building.
Where is this apartment building located?
The property is located at 854-874 Federal Rd Brookfield, CT.
What are key features of this property?
This property features: Proposed new construction apartment complex planned for 181 units in Brookfield, CT; 181‑units across 5 residential buildings plus 1 mixed residential/retail building; Planned clubhouse and pool
