4500 Nicholson Rd Vancouver, WA 98661

Listing agency HFO Investment Real Estate

Listed by Rob Marton · License #OR 200303172

Source Crexi

Added: Apr 12 Updated: Jul 21 at 5:49AM Checked: Jul 22 at 12:05PM

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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.

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

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FAQs

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