Institutional Property Advisors (IPA), a division of Marcus & Millichap, has announced the exclusive listing for sale of 100 Prospect Apartments, a 94-unit multifamily property in Stamford, Conn. The price is open bid.
“Located within a federal opportunity zone just a short walk from Stamford’s central business district, 100 Prospect Apartments consists of two four-story apartment towers over structured parking and has approvals for an additional 32 apartments, an amenity center and an outdoor terrace,” said Victor Nolletti, IPA executive managing director. “The neighborhood is preferred by many renters seeking class A amenitized housing within walking distance of top-of-the-line dining, arts, nightlife and the 24/7 urban setting that has made Stamford the most desirable living destination outside New York City for young professionals and millennials in Connecticut and the New York metro. Renters are now trending toward lower density urban env