For Auction

Lender Driven Sale: Hilton Dedham | Hotel with Multi/Resi Conversion Upside

25 Allied Drive,
Dedham, MA 02026
Represented by
Berkadia

Asset Snapshot

Hospitality
Property Type
Multifamily
Additional Types
Full Service
Hospitality Subtype
2017
Year Renovated
4
Floor Count
1
Building Count
267
Number of Rooms
14.13 Acres
Land Area
160 Units
Unit Count
9,738 SF
Function Space Area
Hilton
Brand
Flagged
Affiliation

Investment Highlights

Approved 160-Unit Multifamily Conversion
Dedham granted a Certificate of Action in March 2026, entitling 160 residential units on-site.
DoubleTree Repositioning Optionality
A reflag to DoubleTree paired with capital upgrades could unlock further hotel-side value.
$3.05M Stabilized Multifamily Conversion NOI
The approved 160-unit pro forma projects $3.05M in stabilized net operating income annually.
Direct Route 128 Technology Corridor Access
Direct I-95/Route 128 access and a walkable MBTA station put South Station 20 minutes away.
Corridor Anchored By Major Employers
General Dynamics, Moderna, MEDITECH, and Citizens Bank anchor employment along the corridor.
On-Site Health Club and Banquet Space
1,100 SF health club and 9,738 SF of function space serve guests and future residents.

Offering Summary

Berkadia, in partnership with RealINSIGHT Marketplace, has been exclusively retained to market the fee-simple condominium interest in the 267-room Hilton Boston/Dedham (the "Hotel" or "Asset"), presenting a compelling dual-strategy investment opportunity for both hotel and multifamily investors. Hotel buyers have the opportunity to acquire the Asset as an existing, full-service Hilton-branded hotel with the potential to reposition the property under the DoubleTree by Hilton brand, while multifamily buyers can capitalize on an already-approved redevelopment plan to convert the existing hotel into a 160-unit mixed-use residential development. The Town of Dedham Planning Board approved the residential redevelopment in March 2026, and the project subsequently received its Certificate of Action, providing a significant degree of entitlement certainty for a multifamily conversion. The approved plan contemplates 160 residential units.

Due Diligence

Location

Hilton Boston Dedham sits at 25 Allied Drive off I-95/Route 128, within walking distance of the MBTA's Dedham Corporate Center Station, a 20-minute commuter rail ride to Boston's South Station. Nearby Route 128 employers include General Dynamics, Moderna, the Skating Club of Boston, and Dunkin's headquarters, plus the 675,000 SF Legacy Place retail and dining center.

20 min
Commuter rail to Boston South Station
0.3 mi
Walk to MBTA Dedham Corporate Center
675K SF
Legacy Place retail center, 1 mile away

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

Learn about bidding, reserve prices, and closing.

Read the auction guide

Auctioneer

Lynne Zink
c/o Fisher Auction Company Inc.

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Auction Opens In
48d 20h 44m 54s
$4,000,000
Starting Bid
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Financing Available

Investment Sales Brokers

PK
Pamela Koster
Berkadia
MA License: 24010578-RE-B

Debt Placement Broker

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.