Goldman Sachs Purchases Luxury Cape Cod Development

BARNSTABLE, MA — A luxury multifamily community in Cape Cod has been purchased by Goldman Sachs for nearly $130 million.

Hanover Company sold Hanover Hyannis for $129.5 million in September.

With over 270 units on the property, the community offers residents high-end amenities including a pool, fitness center and clubhouse, while apartments range from studios to three-bedrooms and feature perks like gourmet kitchens featuring custom cabinetry, quartz countertops, stainless-steel appliances and more.

The property at 99 Wilkens Ln. was originally acquired from Cape Cod Hospital, which had plans for the property before scrapping them, the Cape Cod Times reports.

Goldman Sachs purchased the first phase of the project, with the second phase set to get underway soon, which should bring 320 apartments to the 35 Wilkens Lane lot.