2700 FALK RD Vancouver, WA 98661
Price:
$3,800,000
Units:
20
Acres:
2.02
Unit 1:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 2:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 3:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 4:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 5:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 6:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 7:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 8:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 9:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 10:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 11:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 12:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 13:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 14:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 15:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 16:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 17:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 18:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 19:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
Unit 20:
2 Bed 1.0 Bath $1,630/mo
Features: Fireplace, Hardwood Floors, Storage, Washer/Dryer Hookup
MLS#:
756222554
Lot Size:
1 to 2.99 Acres
Type:
Multi
Zone:
R-18
Yr Built:
1965
Taxe/yr:
$32,837.00
County:
Clark
Status:
Active
Levels:
1
Heat:
Mini Split
Nhood/Bldg:
Bagley Downs
View:
Park/Greenbelt
Elem:
Marshall
Middle:
McLoughlin
High:
Fort Vancouver
Lot Desc:
Level
Area:
Vancouver: The Heights [SW]
Courtesy of:
Apex Residential
Remarks:
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.
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