REBusinessOnline

Clairmont Group Acquires 164-Unit Apartment Complex in Connecticut for $24M

AVON, CONN. — The Clairmont Group has acquired Avon Place Apartments, a 164-unit apartment community in Avon for $24 million. Located at 46 Avonwood road, the 45-year-old property consists of three buildings and a clubhouse. The Clairmont Group secured financing for the acquisition through private equity firm RealtyMogul. Matt Schneid of Cole Scholz P.C. served as legal advisor on the transaction. The seller was undisclosed. 

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