Treeline 604, a Vancouver Multifamily Property, Closes for $37.75MM

VANCOUVER, Wash., Dec. 22, 2020 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI), announced today the sale of Treeline 604, a 166-unit apartment asset in Vancouver, Washington. The property sold for $37.75 million, which equates to $227,410 per unit and $248 per square foot. “Treeline 604 is a 60%-renovated core-plus […]