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2 Forbes Road

The Davis Companies Sells Hilton Boston/Woburn Hotel With Bryce Cherko Of Cherko Fusco Realty
SOLDHotel

The Davis Companies Sells Hilton Boston/Woburn Hotel With Bryce Cherko Of Cherko Fusco Realty

2 Forbes Road

Building Size

237,854 SF

Asset Type

Hotel

Closing

Jun 1, 2026

AI

The transaction involves the sale of a hotel asset located at 2 Forbes Road in Woburn, MA. The property, known as the Hilton Boston/Woburn, comprises 237,854 square feet and features 344 guestrooms. The hotel has over 18,000 square feet of meeting and event space and includes amenities such as room service, a fitness center, an indoor pool, an on-site bar, and the popular Matadora Restaurant, providing full-service accommodations in a strategic location just outside of downtown Boston.

Summary of transaction details:

  • Property Type: Hotel
  • Transaction Amount: Not specified
  • Address: 2 Forbes Road
  • Market: Woburn, MA
  • Seller: The Davis Companies
  • Broker: Bryce Cherko - Cherko Fusco Realty
  • Square Footage: 237,854
  • Number of Keys: 344

This successful sale represents the seventh hotel transaction in 2026 for Cherko Fusco Realty, reflecting the brokerage's active engagement and growth within major hospitality markets across the United States.

Players

Bryce Cherko

Cherko Fusco Realty

Broker

$156.7M

vol

2 deals

Broker
The Davis Companies
The Davis CompaniesSeller

Woburn Hotel Market Snapshot

Boundary boundary · Hotel · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93