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SOLD

Colony Hills Capital Acquires Plainsboro Multifamily From KRE - Murry Kushner For $115M

2821 Pheasant Hollow Drive

MultiFamily
338,760 SF
clock iconSold 274 days ago
Eli Maryl
Michael Weiser
Ohad Babo
+ 2
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Summary

Sale
NEW JERSEY
MultiFamily
338,760 sqft

The multifamily property located at 2821 Pheasant Hollow Drive in Plainsboro, NJ was recently sold. The property consists of 440 units with a total sale price of $115,000,000. This translates to a per unit price of $261,364. The property spans a total square footage of 338,760, resulting in a price per square foot of $339.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $115,000,000
  • Address: 2821 Pheasant Hollow Drive, Plainsboro, NJ
  • Number of Units: 440
  • Price per Unit: $261,364
  • Total Square Footage: 338,760
  • Price per Square Foot: $339

The buyer of the property is Colony Hills Capital, while the seller is KRE - Murry Kushner. The deal was facilitated by brokers Allan Szlafrok, Eli Maryl, Ohad Babo, and Michael Weiser of GFI Realty Services.

Players

  • All

    5

  • Agents

    4

  • Agencies

    1

Eli Maryl's profile picture
Eli Maryl
GFI Realty Services-image
Real Estate Sales
$119.7M Sold
Michael Weiser's profile picture

Details

Deal Summary
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SOLD
IMAGE: Allan Szlafrok, Eli Maryl, Ohad Babo & Michael Weiser DATE: 7/25/23 ADDRESS: 2821 Pheasant Hollow Drive MARKET: Plainsboro, NJ ASSET TYPE: Multifamily BUYER: Colony Hills Capital SELLER: KRE - Murry Kushner BROKERS: Allan Szlafrok, Eli Maryl, Ohad Babo (@Ohad_Babo) & Michael Weiser (https://www.linkedin.com/in/michael-weiser-bb6704b3) - GFI Realty Services (@GFIRealty) SALE PRICE: $115,000,000 UNITS: 440 ~ PPU: $261,364 SF: 338,760 ~ PPSF: $339

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Address2821 Pheasant Hollow Drive

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