The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
June 17, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
Multifamily Property in Vancouver, WA Goes for $26.7 Mil


Thunderbird Village, a 182-unit garden-style apartment community in Vancouver, WA, traded hands for $26.75 mil, or $147k/unit. The asset was sold by NBP Capital.

Built in 1972, Thunderbird Village features one-, two-, and three-bedroom floorplans averaging 972 sf in size. Of the 182 units, 41 have recently been renovated to include upgraded vinyl and carpet flooring, new appliances and hardware, quartz countertops, and stacked washers and dryers. Newly renovated community amenities include an outdoor swimming pool, sauna, walking trails, a fitness center, tennis and basketball courts, and a business center.

Thunderbird Village is centrally located at 4601 E. 18th Street in one of Portlandís sought-after residential submarkets, offering easy access to downtown Vancouver, downtown Portland and the Northeast industrial submarket adjacent to Portland International Airport. With access to Interstates 5 and 205, Thunderbird Village offers convenient access to the regionís largest employers, including Hewlett Packard, Fisher Investments, PeaceHealth and Portland International Airport.

The area boasts strong demographics, with an average household income of $91,264 within a three-mile radius of the property. Nearly 61% of households within a one-mile radius are renter-occupied and 51% are millennials or Generation Z.

The community is near the 7.3-acre Vancouver Waterfront Park, which provides residents with an abundance of recreational activities. It is also near the Columbia River Waterfront Renaissance Trail, a five-mile trail linking downtown Vancouver with the restaurants, shops, parks, and historical attractions of the Columbia River Waterfront.

Josh McDonald, Joe Nydahl and Phil Oester represented the seller in the deal.

Return to the previous page



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media