2700 FALK RD, Vancouver, WA 98661
- $3,800,000
2700 FALK RD, Vancouver, WA 98661
- $3,800,000
Overview
- 21040 Sqft
- 1965
- MultiFamily
- 756222554
- 2.02 Acres
- Apex Residential
- Jordan Fezler
Description
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.
Details
Updated on May 21, 2026 at 5:42 pm-
MLS# 756222554
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Price $3,800,000
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Property Size 21040 Sqft
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Land Area 2.02 Acres
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Garage Size x x
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Year Built 1965
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Property Type MultiFamily
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Property Status Active
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Office Name Apex Residential
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Agent Name Jordan Fezler
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Office Phone 503-595-2840
Additional details
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Listing Terms Cash, Conventional
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Roof Built Up, Composition, Flat
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Sewer Shared Septic, Standard Septic
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Cooling Other
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Heating Mini Split
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County Clark
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Property Type MultiFamily
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Parking Assigned, Garage
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Elementary School Marshall
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Middle School Mc Loughlin
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High School Fort Vancouver
Walkscore
Mortgage Calculator
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Down Payment
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Contact Information
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