Marcus & Millichap brokers sale of The Westporter mixed-use apartment property

September 20, 2024 - Connecticut

Westport, CT Marcus & Millichap has completed the sale of “The Westporter”, a boutique mixed-use property.

Eric Pentore, Victor Nolletti, Wes Klockner, and Ross Friedel, investment specialists in Marcus & Millichap’s New Haven office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.

The Westporter, located at 793 Post Rd. East in one of the county’s wealthiest towns, was built in 2019. The property includes 28 flats and townhouse apartments, along with four ground-floor retail units, offering residents a luxury, amenity-rich community. It is near I-95 with access to the Merritt Pkwy. and the train station, providing connectivity to New York City and Fairfield County’s employment hubs. 

“Westport is considered one of the best towns in the country due to its high quality of life, excellent schools, and scenic coastal location. The town’s proximity to New York City, combined with its vibrant cultural offerings and strong community atmosphere, make it a desirable place to live,” said Eric Pentore, senior vice president investments. “These factors, along with a limited supply of housing and high demand from both current residents and those looking to move to the area, position Westport for continued strong organic rent growth.”

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