JLL Capital Markets completes sale of the 137-unit Summit at Hyland Park apartments in Beaverton, OR

 

Carrie Kahn

 

PORTLAND, OR – JLL Capital Markets announced that it has closed the $47 million sale of Summit at Hyland Park, a 137-unit, value-add, garden-style multi-housing community located in Beaverton, Oregon.

 JLL represented the seller, DB Capital Management. FPA Multifamily acquired the asset.

Ira Virden

Built in 1985, renovated in 2016 and updated in 2020, Summit at Hyland Park consists of one-, two- and three-bedroom units with luxury vinyl plank and carpet flooring, quartz countertops, stainless steel appliances, in-unit washers and dryers, walk-in closets, a wood-burning fireplace and a private balcony or patio.

Frank Solorzano

Community amenities include a community clubhouse, a dog park, a pool and spa, a fitness center, a business center and a barbeque area.

 Located at 14305 SW Sexton Mountain Dr., the property is with a three-mile radius of over 10 million square feet of retail amenities including Progress Ridge TownSquare, Murray Scholls Town Center, Washington Square Mall, Greenway Town Center and Cedar Hills Crossing.

The JLL Capital Markets team representing the seller was led by Senior Managing Director Ira Virden, Senior Director Carrie Kahn and Associate Frank Solorzano.

 

CONTACT:

 

Jenna Sharp

JLL

M +1 214 394 3356

JLL.com