8011 NE Fourth Plain Blvd | Vancouver, WA 98662
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- LoopNet Team
8011 NE Fourth Plain Blvd
Vancouver, WA 98662
Veri Vancouver · Multifamily Property For Sale
·
97 Units
INVESTMENT HIGHLIGHTS
- Highly upgraded infrastructure with over $1 million in capital expenditures completed since 2021
- 65% of the apartments are two-bedroom units — highly sought-after by renters
- Adjacent to multiple large shopping hubs, the property is conveniently located near over 130 national and local retailers
- Proven value-add opportunity with renovated units achieving higher rents over classic or economy units due to improved, high-end finishes
- Located two miles from the largest Clark County employer, PeaceHealth Southwest Medical Center
PROPERTY FACTS
| No. Units | 97 | Building Size | 85,980 SF |
| Property Type | Multifamily | Average Occupancy | 98% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1988 |
| Building Class | C | Parking Ratio | 2.11/1,000 SF |
| Lot Size | 4.84 AC | ||
| Zoning | R-22 | ||
| No. Units | 97 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.84 AC |
| Building Size | 85,980 SF |
| Average Occupancy | 98% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 2.11/1,000 SF |
| Zoning | R-22 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Washer/Dryer Hookup
- Heating
- Kitchen
- High Speed Internet Access
SITE AMENITIES
- Laundry Facilities
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 34 | - | 750 |
| 2+2 | 63 | - | 960 |
PROPERTY TAXES
| Parcel Number | 160469-000 | Improvements Assessment | $17,056,250 |
| Land Assessment | $2,108,304 | Total Assessment | $19,164,554 |
PROPERTY TAXES
Parcel Number
160469-000
Land Assessment
$2,108,304
Improvements Assessment
$17,056,250
Total Assessment
$19,164,554
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