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
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