Stabilized Townhome-Style Apartment
For Sale
Contact for pricing
Pending
109 NE Newhouse Rd, Vancouver, WA 98663
Townhome-style apartments offer modern finishes, energy-efficient systems, and individually owned parcels within a single-family subdivision.
Property SizeContact for details
Days on Market142
Property Features for 109 NE Newhouse Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Listing Agency:
Berkadia
Listed By:
Chad Blenz · License #WA 125100
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 31 at 12:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkadia
Investment Insights
Based on property information with market context.
Lincoln Woods is a 2023 apartment community comprising 24 townhome-style units averaging 1,484 square feet. Each residence includes 4 bedrooms and 2.5 bathrooms, along with 9-foot ceilings, laminate wood flooring, modern lighting, and energy-efficient heating and cooling equipment. Low-maintenance yard care is provided across the community.
The property is fully occupied at 100% with zero delinquency. Individual parcel ownership gives purchasers the option to retain the residences as a rental portfolio or sell units separately as single-family homes. A companion project, Lincoln Ridge, adds 11 units that are undergoing pre-leasing and are scheduled for completion in August.
Located at 109 NE Newhouse Rd in Vancouver, the property has direct access to Interstate 5 and sits near the Burnt Bridge Creek Greenway, Discovery-Ellen Davis Trail, Downtown Vancouver, and the waterfront. Downtown Portland is approximately ten miles away.
The property is fully occupied at 100% with zero delinquency. Individual parcel ownership gives purchasers the option to retain the residences as a rental portfolio or sell units separately as single-family homes. A companion project, Lincoln Ridge, adds 11 units that are undergoing pre-leasing and are scheduled for completion in August.
Located at 109 NE Newhouse Rd in Vancouver, the property has direct access to Interstate 5 and sits near the Burnt Bridge Creek Greenway, Discovery-Ellen Davis Trail, Downtown Vancouver, and the waterfront. Downtown Portland is approximately ten miles away.
Key Highlights
- 2023 apartment community with 24 townhome‑style units averaging 1,484 square feet each
- Each unit includes 4 bedrooms and 2.5 bathrooms
- 100% occupancy with zero delinquency
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
256
Businesses Nearby
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Business Placement
Demographics for 98663, WA
15,188
Population
6,753
Households
2.2
Avg Household Size
39
Median Age
32%
College-Educated
91%
High-School Grad
4.1 sq mi
ZIP Area
3,704
Density / Sq Mi
$84,590
Median Household Income
$47,747
Median Earnings
$1,538
Median Rent
$430,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Townhome-style apartments offer modern finishes, energy-efficient systems, and individually owned parcels within a single-family subdivision.
Where is this apartment building located?
The property is located at 109 NE Newhouse Rd Vancouver, WA.
What are key features of this property?
This property features: 2023 apartment community with 24 townhome‑style units averaging 1,484 square feet each; Each unit includes 4 bedrooms and 2.5 bathrooms; 100% occupancy with zero delinquency
