Chozick Realty Brokers $42M Sale Of Avon Woods 189-Unit Complex In Avon Connecticut

Avon Woods is a multi-family property located at 75 Avonwood Road in Avon, CT, comprising 189 units spread across 47 acres. The property was sold for $42,000,000, reflecting a price per unit of $222,222. The complex features renovated units, a pool, tennis courts, and walking trails.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $42,000,000
• Units: 189
• Price Per Unit: $222,222
• Acres: 47
• Market: Avon, CT

Rick Chozick, Tom Boyle, and Steve Pappas from Chozick Realty represented both parties in the transaction, who requested anonymity during the sale process. The collaboration involved negotiating the terms of the deal and ensuring the interests of both the buyer and seller were effectively managed.