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Jailen's Pointe Apartments 7011 NE 126th St 136 Unit Apartment Building $50,135,740 ($368,645/Unit) 5% Cap Rate Vancouver, WA 98686
Executive Summary
THIS OFFERING PRESENTS the opportunity
to acquire Jailen’s Pointe Apartments, a newly
constructed 136-unit multifamily community
located at 7011 NE 126th Avenue in Vancouver,
Washington. Jailen’s Pointe features a diverse mix
of thoughtfully designed one-, two-, and three bedroom
apartments, each offering modern
finishes including open-concept floor plans,
breakfast bars, stainless steel appliances, and more.
The community is expected to be delivered in August/
September 2026, with initial lease-up anticipated
to begin in April 2026, providing investors the
opportunity to acquire a high-quality asset during
the early stages of stabilization.
Jailen’s Pointe benefits from a strategic location
in a rapidly growing area of Vancouver, with close
proximity to Curtin Creek Community Park, offering
residents immediate access to outdoor recreation
and green space. The property is also located near
the planned Glenwood Marketplace, an upcoming
retail and commercial development expected to
further enhance the area’s amenities, convenience,
and long-term growth trajectory.
to acquire Jailen’s Pointe Apartments, a newly
constructed 136-unit multifamily community
located at 7011 NE 126th Avenue in Vancouver,
Washington. Jailen’s Pointe features a diverse mix
of thoughtfully designed one-, two-, and three bedroom
apartments, each offering modern
finishes including open-concept floor plans,
breakfast bars, stainless steel appliances, and more.
The community is expected to be delivered in August/
September 2026, with initial lease-up anticipated
to begin in April 2026, providing investors the
opportunity to acquire a high-quality asset during
the early stages of stabilization.
Jailen’s Pointe benefits from a strategic location
in a rapidly growing area of Vancouver, with close
proximity to Curtin Creek Community Park, offering
residents immediate access to outdoor recreation
and green space. The property is also located near
the planned Glenwood Marketplace, an upcoming
retail and commercial development expected to
further enhance the area’s amenities, convenience,
and long-term growth trajectory.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$3,522,240
|
$28.68
|
| Other Income |
$198,840
|
$1.62
|
| Vacancy Loss |
$176,112
|
$1.43
|
| Effective Gross Income |
$3,544,968
|
$28.86
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,038,181
|
$8.45
|
| Net Operating Income |
$2,506,787
|
$20.41
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $3,522,240 |
| Annual Per SF | $28.68 |
| Other Income | |
|---|---|
| Annual | $198,840 |
| Annual Per SF | $1.62 |
| Vacancy Loss | |
|---|---|
| Annual | $176,112 |
| Annual Per SF | $1.43 |
| Effective Gross Income | |
|---|---|
| Annual | $3,544,968 |
| Annual Per SF | $28.86 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $1,038,181 |
| Annual Per SF | $8.45 |
| Net Operating Income | |
|---|---|
| Annual | $2,506,787 |
| Annual Per SF | $20.41 |
Property Facts
| Price | $50,135,740 | Apartment Style | Garden |
| Price Per Unit | $368,645 | Building Class | A |
| Sale Type | Investment | Lot Size | 5.46 AC |
| Cap Rate | 5% | Construction Status | Under Construction |
| No. Units | 136 | Building Size | 122,822 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2026 |
| Price | $50,135,740 |
| Price Per Unit | $368,645 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 136 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | A |
| Lot Size | 5.46 AC |
| Construction Status | Under Construction |
| Building Size | 122,822 SF |
| No. Stories | 3 |
| Year Built | 2026 |
Amenities
Unit Amenities
- Air Conditioning
- Stainless Steel Appliances
- Quartz Countertops
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 12 | $2,550 | 1,127 |
| 2+2 | 76 | $2,260 | 956 - 1,035 |
| 1+1 | 48 | $1,920 | 684 |
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Property Taxes
| Parcel Number | 198982-000 | Improvements Assessment | $0 (2025) |
| Land Assessment | $1,787,702 (2025) | Total Assessment | $1,787,702 (2025) |
Property Taxes
Parcel Number
198982-000
Land Assessment
$1,787,702 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$1,787,702 (2025)
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Videos
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Matterport 3D Tour
Photos
Street View
Street
Map
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Jailen's Pointe Apartments | 7011 NE 126th St
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