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Avalon Valley Sells for $53.3M

Konover Acquires 268 Units in Danbury
By Justin Sumner
CoStar News
March 17, 2014 | 6:58 P.M.

AvalonBay Communities, Inc. sold the 268-unit Avalon Valley multifamily community at 53 Sand Pit Rd. in Danbury, CT to The Simon Konover Company for $53.33 million, or about $199,000 per door.

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