Updated Apr 3, 2025
Toll Bros Apartment Living & Davis Cos Sell Multifamily Asset In Princeton, NJ For $92.15M
3000 Goldfinch Boulevard, Princeton, NJ, USA
$92,150,000
$67,164/SF
Building Size
1,372 SF
Asset Type
MultiFamily
Closing
Aug 30, 2021
About this deal
AI
The multifamily property located at 3000 Goldfinch Drive in Princeton, NJ has been sold for a price of $92,150,000. The property consists of 232 units, with a per unit price of $397,198. The sale was facilitated by Toll Bros Apartment Living & Davis Cos, who acted as the sellers in the transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $92,150,000
- Address: 3000 Goldfinch Drive, Princeton, NJ
- Market: Princeton, NJ
The sale of this multifamily property was brokered by Michael Oliver, Jose Cruz, Kevin O'Hearn, and Steve Simonelli from JLL Capital Markets.
Players
Princeton MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.17%
Cash-on-Cash
-0.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93