Updated Jan 8, 2026
140-Acre Maplegate Country Club In Franklin Sold For $24.8M To Private Solar Developer
160 Maple Street
$24,837,930
Building Size
—
Asset Type
Land
Closing
Jan 6, 2026
About this deal
AI
The 140-acre Maplegate Country Club, located at 160 Maple Street, Franklin, MA, was sold for $24,837,930 to a private solar developer. The land will be transformed into a 30-MW solar facility, which is expected to supply power to approximately 6,000 income-eligible households.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $24,837,930
- Address: 160 Maple Street
- Market: Franklin, MA
- Acres: 140
The transaction was facilitated by brokers Joseph Evans and Dusty Burke Jr from American Commercial Real Estate, representing the respective parties involved in the deal.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.64%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93