62-unit, apartment community in the Portland submarket of Beaverton, Oregon. Beaverton is on the cusp of tremendous economic growth, driving significant demand for high quality housing options for residents throughout the area. The Portland metro has also established itself as the sports apparel capital of the nation, with brands such as Nike and Columbia Sportswear taking up residence here, just a mile away from The Huntley. The property is in a major employment corridor within minutes of employers such as Intel, Salesforce, Yahoo, Oracle, and Tektronix. The property will undergo a full exterior renovation which includes fresh paint and landscaping, as well as extensive interior upgrades to each unit, including new vinyl wood plank flooring, modern cabinetry, high-end finishes, and a new fitness center.
- Units: 62
- Acquisition Date: April 2018
- Acquisition Price: $7,100,000