118-Unit Apartment Complex with
For Sale
Contact for pricing
Pending
4500 Nicholson Rd, Vancouver, WA 98661
Built in 1994, this 118-unit complex offers one- to three-bedroom apartments plus a fitness center and pool.
Property SizeContact for details
Days on Market120
Property Features for 4500 Nicholson Rd
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Multifamily Units
118
Building Details
Year Built
1994
Year Renovated
2021
Listing Agency:
HFO Investment Real Estate
Listed By:
Rob Marton · License #116681
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 9 at 11:51AM
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 HFO Investment Real Estate
Investment Insights
Based on property information with market context.
Ashley Terrace is an apartment complex with 118 units, built in 1994, offering one- to three-bedroom apartment homes. The community includes modern amenities such as a fitness center and a pool, and it has undergone apartment renovations with 48% of units renovated since 2021.
Located at 4500 Nicholson Rd in Vancouver, WA, the property is described as being directly across from a neighborhood park and surrounded by mature greenery. The offering also highlights proximity to major retail shopping centers and a short distance to SR-500 for commuting.
The remarks state that renovated units are achieving rents 19.2% higher than traditional units, along with significant exterior upgrades.
Located at 4500 Nicholson Rd in Vancouver, WA, the property is described as being directly across from a neighborhood park and surrounded by mature greenery. The offering also highlights proximity to major retail shopping centers and a short distance to SR-500 for commuting.
The remarks state that renovated units are achieving rents 19.2% higher than traditional units, along with significant exterior upgrades.
Key Highlights
- 118‑unit apartment complex in Vancouver built in 1994
- Unit mix includes one- to three‑bedroom apartments
- Community amenities include a fitness center and pool
Property Analytics
Current Use
Lease Details
118
Residential units
Location Intelligence
Trade Area within ½ mile
628
Businesses Nearby
Explore this area
Business Placement
Demographics for 98661, WA
48,983
Population
22,291
Households
2.2
Avg Household Size
36
Median Age
27%
College-Educated
89%
High-School Grad
10.9 sq mi
ZIP Area
4,494
Density / Sq Mi
$75,037
Median Household Income
$43,920
Median Earnings
$1,440
Median Rent
$424,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1994, this 118-unit complex offers one- to three-bedroom apartments plus a fitness center and pool.
Where is this apartment building located?
The property is located at 4500 Nicholson Rd Vancouver, WA.
What are key features of this property?
This property features: 118‑unit apartment complex in Vancouver built in 1994; Unit mix includes one- to three‑bedroom apartments; Community amenities include a fitness center and pool
