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Investment Highlights

  • Opportunity to acquire and advance a proposed 44-unit multifamily development in Vancouver, Washington, totaling approximately 31,193 residential rent
  • Unit mix is weighted toward studios, one bedroom, and two-bedroom residences, supporting broad renter demand and efficient lease-up potential.
  • Evergreen Lofts is located within a designated Opportunity Zone, creating potential tax-advantaged economics.
  • Vancouver has experienced sustained long-term population growth, increasing by approximately 36% since 2000 to nearly 200,000 residents.
  • Current zoning provides a potential path to permit up to 60 residential units, representing a 36% increase over the current 44-unit plan.
  • Vancouver apartment rents generally range from approximately $1,750 to $1,865

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,193 SF
Building Class
C
Year Built
1925
Price
$1,800,000
Price Per SF
$136.44
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Opportunity Zone
Yes
Zoning
CC
Frontage
61’ on Evergreen Blvd

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Correra Consulting Services Inc.
  • -
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

CTBS Corporation dba Correa Consulting Services is a business services firm focused on tax preparation, bookkeeping, payroll, business consulting, business registration, and related support for individuals and businesses. The company describes its work around helping clients with licensing, organization, filing requirements, and financial recordkeeping, and its website also notes services such as public notary and enrolled agent representation in Oregon. CTBS Corporation presents itself as an Oregon-based firm serving clients through a wider network of offices, with current site pages listing locations in Beaverton, Woodburn, Gresham, Hillsboro, Salem, and Vancouver. Official site copy says CTBS has built a client base that includes small, family-owned, start-up, and local businesses, reflecting a market presence centered on practical accounting and consulting services.

Tenant Industry SF Occupied Rent/SF Lease End
Correra Consulting Services Inc. - - - -
Professional, Scientific, and Technical Services - - -
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100

Nearby Major Retailers

Fred Meyer
Red Robin
CrossFit
Black Rock Coffee Bar
Walmart Neighborhood Market
TacoTime
Columbia Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
030945-000
Land Assessment
$108,540
Improvements Assessment
$249,560
Total Assessment
$358,100
  • Listing ID: 41425564

  • Date on Market: 7/24/2026

  • Last Updated:

  • Address: 2819 E Evergreen Blvd, Vancouver, WA 98661

Contact the Sale Advisor

Evergreen Lofts Development Site | 2819 E Evergreen Blvd

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