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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

Location