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99 Wilkens Lane

Murry Bowden Of Hanover Company Acquires MultiFamily Community In Hyannis For $129.5M
SOLDMultiFamily

Murry Bowden Of Hanover Company Acquires MultiFamily Community In Hyannis For $129.5M

99 Wilkens Lane

$129,500,000

Units

272

Asset Type

MultiFamily

Closing

Sep 24, 2025

AI

The transaction involves the sale of a multi-family asset located at 99 Wilkens Lane in Hyannis, MA. The property consists of 272 units, with a sale price of $129,500,000 and a price per unit of $476,103.

Summary of transation details:

  • Property Type: MultiFamily
  • Transaction Amount: $129,500,000
  • Units: 272
  • Price per Unit: $476,103
  • Buyer: Murry Bowden
  • Seller: Hanover Company

Hanover Company sold Hanover Hyannis to pro-btn, featuring high-end amenities such as a pool, fitness center, and clubhouse. Murry Bowden represents the Hanover Company in this transaction.

Players

HC
Hanover CompanyBuyer

Hyannis 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

0.12%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93