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| Seasons on the Park Apartments, Battle Ground, WA |
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| Tyler Linn |
PORTLAND, OR – HFF announced it has closed the sale of Seasons
on the Park, a 120-unit, garden-style multi-housing community in Battle
Ground, Washington.
HFF
marketed the property on behalf of Transpacific Investments, LLC. SOP LLC, a private investor, purchased the
community for $13.35 million free and clear of existing debt.
Completed in two phases between 2012 and 2014, Seasons on the Park is 95
percent leased and has one-, two- and three-bedroom units averaging
approximately 853 square feet each.
Community amenities include a clubhouse and carports.
Situated on 3.92 acres at 1307 SE 9th Drive, the property is
adjacent to Battle Ground Village, a “shop here, dine here, live here”
lifestyle center, and is approximately 15 miles northeast of downtown
Vancouver, Washington and 24 miles northeast of downtown Portland.
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| Nick Klein |
The
HFF investment sales team was led by associate directors Tyler Linn and Nick
Klein and director Ira Virden.
Transpacific Investments, LLC is a commercial real estate
investment company targeting value-added properties in the Pacific Northwest. The company services the commercial real
estate investment allocation needs of high-net-worth individuals, trusts and
institutions
For a complete copy of the company’s news release, please
contact:
Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza, Suite 700 | Houston, TX 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com
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