Oak Heritage Townhomes
Oak Heritage Townhomes
Oak Heritage was built in 2021/2022 and consists of 33 townhomes featuring large 3 Bedroom / 2.5 Bath units with attached double-car garages. Each unit includes a fenced patio, in-unit washer/dryers, and central air conditioning – a significant competitive advantage in the Pacific Northwest. Oak Heritage is poised to benefit from ongoing cash flow and long-term appreciation due to the combination of its high-quality of construction, an attractive acquisition basis, strong local demographics, favorable supply / demand metrics, and affordability relative to home ownership.
The Property is uniquely situated to attract and retain tenants due to its large average unit size of 1,665 SF and the limited supply of professionally managed townhome communities in Battle Ground. Fueled by no corporate or income tax and its bordering location to the City of Portland, the Vancouver MSA has become a leading regional economic hub for a diverse mix of businesses. Battle Ground has greatly benefited from Vancouver’s growth and strong market fundamentals due to its proximity to the Vancouver and Portland metro areas.
Transaction Type:
Acquisition
Size:
33 Townhomes
Location:
Battle Ground (Vancouver), WA
Building Type:
Build-to-Rent Multifamily