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Multifamily Featured
Cascade Ridge — 128-Unit Garden Community
18400 SW Farmington Rd, Beaverton, OR 97007
Asking price
$37M
Cap rate
5.6%
- NOI
- $2M
- Square feet
- 118,000
- Units
- 128
- Price / SF
- $317
Overview
Well-maintained PNW multifamily with light value-add upside. This offering represents a compelling opportunity in the Beaverton submarket. The asset benefits from strong in-place cash flow, defensible fundamentals, and multiple avenues for value creation through operational improvements, strategic repositioning, and market rent growth. Underwriting materials, T-12, rent roll, and full offering memorandum available upon signed confidentiality agreement.
Financial highlights
- Asking price
- $37,400,000
- NOI (in-place)
- $2,094,400
- Cap rate
- 5.6%
- Price per SF
- $317
- Price per unit
- $292,188
Documents
Detailed underwriting, T-12, and rent roll available under signed CA.
Offering Memorandum
Executive Summary
Full Financial Package
T-12 & Rent Roll