260-Unit Apartment Portfolio in Vancouver, WA Sells for $59MM

VANCOUVER, WA –The Mogharebi Group ("TMG") has completed the sale Fountain Village Apartments and Promenade Apartments, two separate communities in Vancouver, WA. The properties sold for a total of $59,000,000 with multiple competing offers. Ryan Kidwell of The Mogharebi Group represented the buyer, a Canadian-based REIT.  "Both properties are newer construction class B assets with solid in-place cashflow and rental upside. These two […]