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Multifamily

Wildflower

Vancouver, WA

186 Units

Built in 1987

Value Add

Investment Highlights

  • Blank-Slate Value-Add Opportunity: All unit interiors maintain original finishes, providing a clear value-add opportunity through a comprehensive renovation program.
  • Affluent Neighborhood Demographics: Located in the desirable Cascade Park neighborhood with average household income of $124,976 within a 3-mile radius of Wildflower.
  • Walkable Suburban Neighborhood: Residents enjoy convenient access to a variety of shopping, dining, and grocery options, including Fred Meyer and New Seasons Market, all within a half-mile.
  • Strategic Location & Accessibility to Employment Drivers: Minutes from downtown Portland, the Vancouver Waterfront, PDX International Airport, and major employment centers via Interstate 205. The property is also located near the Vancouver / Camas Columbia Tech Corridor, home to more than 4 million square feet of office and technology space.
  • First Time on the Market in 30 Years: Wildflower has been under the same ownership for the past 30 years, providing operational continuity and a stable tenant base. Long-term ownership has supported strong historical performance, with average occupancy of ±98% over the past 12 months.
  • #1 Fastest Growing City in the Pacific Northwest: Vancouver was recognized by the U.S. Census Bureau in 2023 as the fastest-growing city in the Pacific Northwest and continues to experience meaningful population growth, with approximately 1.2% year-over-year growth in 2025. Clark County has also benefited from sustained in-migration from Multnomah County, driven in part by Washington's favorable tax environment.

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