Oxford Apartments at 15 Manor Drive Update 01/16/18

Stoughton’s Talbot Apartments sold for $15.7 million


The 102-unit Talbot Apartments garden-style multifamily community, located just south of Downtown Stoughton steps from the MBTA commuter rail, has been sold for $15.7 million. The sale amounts to nearly $154,000 per unit. Talbot Apartments’ buyer is DSF Group of Waltham, MA. The community’s seller, JVF Realty LLC, extensively renovated Talbot Apartments between 2012 and 2016, spending $6 million to modernize the community’s interior and exterior following the expiration of former affordable restrictions. CBRE/New England represented the seller in the deal and procured DSF as Talbot Apartments’ buyer. Walker & Dunlop provided $10.2 million in financing towards DSF’s acquisition.

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