Boutique Hotel in CT Sells for $5M
According to the Hartford Business Journal, the 76,000-square-foot Maron Hotel & Suites at 42 Lake Avenue Extension in Danbury was sold for $5 million on January 13th. The property, which includes 1.44 acres, was purchased by RL 42 Lake Hospitality LLC from Mill Plain Center Limited. The boutique hotel, originally listed for $6.25 million, features 86 guest rooms along with 18,000 square feet of retail space, including tenants such as Chase Bank and UPS Store.
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