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155 Ames Street

The DSF Group Acquires Talia Apartments In Marlborough For $74M
SOLDMultiFamily

The DSF Group Acquires Talia Apartments In Marlborough For $74M

155 Ames Street

$74,000,000

Building Size

Asset Type

MultiFamily

Closing

Dec 12, 2023

AI

The DSF Group has acquired Talia Apartments, a 225-unit luxury residential community located at 155 Ames Street in Marlborough, Massachusetts. The property was sold for $74 million.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $74,000,000
  • Address: 155 Ames Street
  • Market: Marlborough, MA

The sale was facilitated by CBRE, with Biria St. John, Brian Bowler, Simon Butler, and John McLaughlin representing the seller. Josh Solomon, from The DSF Group, acted as the buyer in the transaction.

With a price per unit of $328,889, Talia Apartments offers luxury amenities and is part of a thriving residential community in Marlborough. This acquisition by The DSF Group highlights their strategic investment in the multifamily market.

Players

Simon Butler

CBRE

Broker

$2.5B

vol

33 deals

Broker
TG
The DSF GroupBuyer

Marlborough MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.21%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93