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

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.