Map of Property

For Sale: 210-Unit Multifamily

For Lease

9 Covered Bridge Rd, Newtown, CT 06470

Contacts

broker
David Levy

Keen-Summit Capital Partners LLC

CCIM

Property Details

  • Property Type Multi-Family
  • Property Size 202,272 SF
  • Lot Size 21.5 Acre
  • Zoning Incentive Housing Overlay Zone (IHOZ-10)
  • Year Built 2022
  • Date Updated Jul 18, 2025

Covered Bridge Newtown has retained Keen-Summit Capital Partners LLC as its exclusive marketing agent and real estate broker in its Chapter 11 Bankruptcy for the sale of the real property. The property features 210 total units across seven 3-story buildings (30 units each) with one-, two- and three-bedroom layouts on 21.5 acres. There are 168 market-rate and 42 affordable units restricted to 80% AMI for 30 years. Six buildings are complete and the final building is 80% complete. Amenities include a clubhouse with a fitness center, community room and adjacent pool. The complex is located in an Incentive Housing Overlay Zone (IHOZ-10), requiring 20% of units to remain affordable for 30 years as a condition for the certificate of occupancy and is conveniently located near Exit 9 on I-84. Joint-venture and/or financing offers also considered. Transaction subject to bankruptcy court approval.

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Highlights

  • Conveniently located near Exit 9 on I-84
  • Clubhouse with a fitness center, community room and adjacent pool.

Attachments

Getting around

  • 20/100

    Walk Score ®

  • 14/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Newtown, CT
  • Zip Code 06470
  • Market Bridgeport New Haven

Points of Interest

  • Bethel

    4.34 miles

  • Mobil

    2.54 miles

  • Global

    2.63 miles

  • Citgo

    2.76 miles

  • BJ's Gas

    2.85 miles

  • Sunoco

    2.96 miles

  • 7-Eleven

    3.16 miles

  • Shell

    4.48 miles

  • EVO Charging

    6.72 miles

  • Tesla Supercharger

    6.79 miles

  • EVgo Charging Station

    6.83 miles

  • Connecticut Park and Ride

    0.55 miles

  • Burr Farm Open Space Parking

    2.65 miles

  • Carluzzi's Queen Street Newtown parking

    3.04 miles

  • Commuter Parking Garage

    4.76 miles

  • Orchard Hill Nature Center

    5.01 miles

  • afc urgent care parking

    5.05 miles

  • Dunkin Donuts Parking

    5.06 miles

  • Microtel Inn & Suites by Wyndham Bethel

    1.90 miles

  • Days Inn

    1.92 miles

  • Howard Johnson by Wyndham Bethel

    1.97 miles

  • Best Western

    2.17 miles

  • La Quinta Inn & Suites Danbury

    2.46 miles

  • The Dana-Holcombe House

    2.66 miles

  • Hampton Inn Danbury

    2.81 miles

  • Courtyard Danbury

    2.98 miles

  • Holiday Inn Danbury-Bethel At I-84

    3.04 miles

  • Quality Inn & Suites

    3.17 miles

  • Big Y - American Class Market

    1.17 miles

  • Target

    2.24 miles

  • ShopRite

    2.68 miles

  • Big Y Supermarket

    2.88 miles

  • Kohl's

    2.89 miles

  • Walmart

    2.92 miles

  • Big Y

    2.95 miles

  • Stew Leonard's

    3.01 miles

  • Caraluzzi's Newtown Market

    3.01 miles

  • Stop & Shop

    3.20 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
David Levy

Keen-Summit Capital Partners LLC

CCIM

  1. 1Main information
  2. 2Extra information
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