Apartment community sells for $36 million

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

The Dolben Company has bought Woodview at Randolph, an apartment community in Randolph, Mass., from BlackRock Realty for $36 million.   Woodview at Randolph is a 310-unit, garden-style apartment community. It's close to a number of highways and less than one mile from the Holbrook/Randolph MBTA station. Randolph is a mature, densely populated middle-class bedroom community 10 miles south of downtown Boston.   Built in 1966 and 1971, Woodview is a Class B complex with nine three-story buildings and a single-story maintenance building on 11.6 acres. The property has been extensively renovated over the past three years at a cost of $3.5 million. *** What's your opinion? Send your Letter to the Editor to opinion@inman.com.   The apartments have new kitchens and baths with a new Whirlpool appliance package. Community amenities include a swimming pool with sundeck, tennis court, picnic area and laundry facilities in each building. Unit features include decks or patios and cen...