Metropolitan America Sells Trenton Multifamily For $20.5M With Tri-State Capital Markets Group - CBRE

445 West State Street, Trenton, New Jersey 08618, United States

$20,500,000

Building Size

—

Asset Type

MultiFamily

Closing

Nov 17, 2022

AI

A multifamily property located at 445 W State St & 507 Grand St in Trenton has been sold for $20,500,000. This property consists of 160 units, resulting in a price per unit of $128,125.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $20,500,000
Units: 160
Price per Unit: $128,125
Address: 445 W State St & 507 Grand St, Trenton

The seller of the property was Metropolitan America, represented by Cliff Corrall. The sale was facilitated by Rich Gatto, Fahri Ozturk, and Zach McHale from the Tri-State Capital Markets Group at CBRE.

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