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About the Listing APXR01 - FEZLERJO
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.
Listing Highlights
Status
Active
Days on Site
13
Property Type
Multi-Family
MLS ®
756222554
Year Built
1965
Total Square Footage
21,040
Lot/Acreage
2.02
County
Clark
Neighborhood
Bagley Downs
Elementary School
Marshall
Middle School
McLoughlin
High School
Fort Vancouver
Interior Details
- Bedrooms: 40
- Bathrooms: 20 Full
- Appliances:
- Air Cond:
- Heating: Mini Split
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Lot Description: Level
- Garage Capacity: N/A
- Parking Spaces: 40
- Zoning: R-18
- Roof: Built-Up,Composition,Flat
- Others: Updated/Remodeled
- Sewer: Shared Septic,Standard Septic
- Parking Features: Assigned,Garage
Financial Details
- Tax Amount: $32,837
- Taxes w/Assessments: N/A
- Tax/Property ID: 030240030, 030240190
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
% Down Payment
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Questions About..
2700 Falk Rd Vancouver, WA 98661
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