2700 FALK RD, Vancouver, WA 98661

  • $3,800,000

Overview

  • 21040 Sqft
    Property Size
  • 1965
    Year Built
  • MultiFamily
    Property Type
  • 756222554
    MLS#
  • 2.02 Acres
    Land Area
  • Apex Residential
    Office Name
  • Jordan Fezler
    Agent Name

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
  • Price $3,800,000
  • Property Size 21040 Sqft
  • Land Area 2.02 Acres
  • Garage Size x x
  • Year Built 1965
  • Property Type MultiFamily
  • Property Status Active
  • Office Name Apex Residential
  • Agent Name Jordan Fezler
  • Office Phone 503-595-2840

Additional details

  • Listing Terms Cash, Conventional
  • Roof Built Up, Composition, Flat
  • Sewer Shared Septic, Standard Septic
  • Cooling Other
  • Heating Mini Split
  • County Clark
  • Property Type MultiFamily
  • Parking Assigned, Garage
  • Elementary School Marshall
  • Middle School Mc Loughlin
  • High School Fort Vancouver

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