F. D. RICH COMPANY SELLS RESIDENCE INN BY MARRIOTT NORWALK

Stamford, CT based F. D. Rich Company is pleased to announce the sale of the Residence Inn by Marriott Norwalk, the number one hotel in the Fairfield County market, for $31.0MM which equates to $304,000 per room.

The sophisticated 8-story Residence Inn by Marriott Norwalk opened in June of 2019 and features 102 spacious extended stay suites, each with a full kitchen, and onsite self and valet parking. Impressive gathering areas include an inviting double height lobby and mezzanine space, and a spectacular rooftop terrace featuring expansive views of Norwalk Harbor and beyond. Amenities include a lobby bar & café with lite fare, business center, an on-site market and SONO SKY, a rooftop bar open to the public. Social or business functions for up to 40 can be accommodated in the luxurious on-site meeting space. The Residence Inn by Marriott Norwalk is just a short walk from the Metro North Train Station and all that South Norwalk has to offer.