854-874 Federal Rd Brookfield, CT 06804

Listing agency Scalzo Commercial & New Development p***@scalzogroup.com Show Phone

Listed by Paul Scalzo Sr. · License #CT

Source Crexi

Added: Apr 12 Updated: Jul 21 at 9:26PM Checked: Jul 21 at 9:26PM

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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.

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

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FAQs

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