Investment Highlights
- Rare Untouched Value-Add Opportunity: Long-term private ownership has diligently maintained the property and grounds; however, all unit interior retain original finishes, providing rental upside.
- Low Density with Ideal Physical Characteristics: Situated on over 15 lush acres, the property is surrounded by ample greenspace and features 136 apartment homes and 55 townhomes averaging ±1,162 SF.
- Immediate Accessibility to Economic Drivers: Strategically located within minutes f Legacy Salmon Creek Medical Center and at the confluence of Interstate 5 and Interstate 205.
- Desirable Demographics and Schools: Average household income over $121,000 within a three-mile radius, and 79.5% of households hold two or more people. Three B / B+ rated schools within walking distance.
- Burgeoning Submarket with Strong Fundamentals: Clark County has been a steady job creator since 2011, averaging over 5% growth per year, making it one of the fastest growing counties in the Pacific Northwest.
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