If you buy something new at $300-$400 and put it in a Frat house, you're gonna find that the thing will disintegrate very, very quickly. Really, anything new at $300-$400 will not hold up. If you're looking to have a table for some sort of event and can't find a good used one for around that price, contact a vending company to grab a coin-op table for the event. Other than that, you'll be very sorry if you get something new for that range. The funny thing about open top tables that have 3-man goalies, there are many that are only good for firewood. A good used Tornado can be found for that price range, and will hold up in a frat house to daily abuse.
Edit:
Here are some brands that if you find used are pretty similar to Tornado in build quality:
Shelti (really any of the models from Foos 200 and up)
Fireball (You probably won't be able to find one in that price range)
Dynamo (3-man goalie versions were made by the same company as Tornado)
Brunswick (Same as above)
Some 1-man goalie tables that are not as sturdy, but definitely more sturdy than the average table, plus you'll probably be able to find these within your price range a lot more easily:
Dynamo (coin-op)
Warrior
Striker (coin-op)