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50 Woodview Way

Arthur Solomon Of DSF Group Acquires Multifamily Complex At 50 Woodview Way For $101M
SOLDMultiFamily

Arthur Solomon Of DSF Group Acquires Multifamily Complex At 50 Woodview Way For $101M

50 Woodview Way

$101,000,000

Units

280

Asset Type

MultiFamily

Closing

May 23, 2025

AI

The Westerly at Forge Park is a multifamily residential complex situated at 50 Woodview Way in Franklin, MA. This property consists of 280 units and was sold for $101,000,000, resulting in a price per unit of $360,714.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $101,000,000
  • Units: 280
  • Price Per Unit: $360,714
  • Buyer: Arthur Solomon - DSF Group

Arthur Solomon represented the buyer, DSF Group, in this transaction involving the acquisition of The Westerly at Forge Park, adding a significant asset to their portfolio in the Franklin market.

Players

DSF Group
DSF GroupBuyer

Andover MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.16%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93