Hilton Dedham | Hotel with Multi/Resi Conversion Upside

Starting Bid: $4,000,000

Auctioneer: Lynne Zink

Auctioneer Company: c/o Fisher Auction Company Inc.

Auctioneer License: AU0003037

• 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.

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.