Additional details

Discover Northwest Realty - Land

info@unitedcountrynw.com +1(360) 843-4032

Listed by Apex Residential

$3,800,000

Est. payment - /mo

21,040 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 21,040 sqft

Price per Sqft $180

Subdivision Bagley Downs

MLS Listing ID 756222554

Year Built 1965

Annual Tax Amount $32,837

Tax Year 2025

Lot Size 2.020 Acres

Property Description

Cottonwood Court presents a compelling opportunity to acquire a20-unit value-add multifamily community in the growing Vancouvermarket, positioned to benefit from continued regional demand andstrong connectivity to Portland.Constructed in 1965, the property consists entirely of well-designed 2-bedroom, 1-bath units, each featuring a consistent and efficient floor plan. Units average ± 727 SF and are complemented by ± 325 SF attached garages, a rare amenity that, combined with in-unit washer and dryer, enhances tenant appeal and supports long-term retention. Vaulted, sloped ceilings and charming fireplaces add architectural character and create a warm, inviting living environment that differentiates the property from typical vintage product.Cottonwood Court offers a clear and executable path to valuecreation. Ownership has begun renovating units as they turn, withthree units already upgraded to include modern finishes such asshaker-style cabinetry, updated countertops, and stainless steelappliances. These improvements provide a proven blueprint forcontinued renovations, allowing a new owner to systematicallyenhance the remaining units and capture meaningful rental upside.

Location

State WA

County Clark

Area _13

Zoning R-18

Interior

Heating Mini Split

Cooling Other

Exterior

View Park Greenbelt

Roof Type BuiltUp,Composition,Flat

Garage No

Building

Lot Description Level

Story 1

Sewer Shared Septic, Standard Septic

Water Public Water

Level or Stories 1

Schools

Elementary Schools Marshall

Middle Schools Mcloughlin

High Schools Fort Vancouver

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Regional Multiple Listing Service (RMLS)

Nearby School & Business

Discover Northwest Realty - Land

Broker | License ID: 90947

+1(360) 843-4032 | info@unitedcountrynw.com

2700 FALK RD Vancouver, WA 98661

Discover Northwest Realty - Land

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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