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46-Unit Senior Housing Community
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621 Broadway St, Vancouver, WA 98660

Age-restricted affordable housing with ground-floor retail and varied residential floor plans.

Property Size39,996 SF
Days on Market147

Property Features for 621 Broadway St

General Information

Standard status Active
Size 39,996 SF
Class B
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 46

Building Details

Year Built 2004
Buildings 1
Stories 4
Tenancy Single
Listing Agency: Marcus & Millichap - Sacramento
Listed By: Isaak Heitzeberg · License #CA01989468
Source: Crexi
Added: Apr 6 Changed: Aug 30 Last Checked: Aug 30 at 7:34AM

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 Marcus & Millichap - Sacramento

Investment Insights

Based on property information with market context.

Built in 2004, this 39,996-square-foot senior housing property contains 46 residential units in studio, one-bedroom/one-bathroom, and two-bedroom/one-bathroom layouts. The community is fully age-restricted and includes ground-floor retail space occupied by Hook and Needle. Originally developed through the Low-Income Housing Tax Credit (LIHTC) program, the property uses a tiered affordability structure: 30% of units serve households at 60% of Area Median Income (AMI), 30% at 40% AMI, and 40% at 30% AMI.

The regulatory agreement extends through 2044. The property is located at 621 Broadway St in Vancouver, Washington, within Clark County and the greater Portland metropolitan area. The source information also identifies healthcare, construction, manufacturing, and professional services among the region’s employment sectors, with demographic growth supporting demand for income-restricted senior housing.

Key Highlights

  • 46 residential units with studio, one‑bedroom/one‑bathroom, and two‑bedroom/one‑bathroom layouts
  • 39,996‑square‑foot property built in 2004
  • 100% age‑restricted senior housing community

Property Analytics

Current Use

Dell-ightful Quilts (Bike/Boat/Book/etc) Store Lewis & Clark Plaza Apartment Building Hook & Needle (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Pet Grooming Service Tanning Salon Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

46
Residential units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,401
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98660, WA

12,735
Population
7,048
Households
1.8
Avg Household Size
39
Median Age
38%
College-Educated
91%
High-School Grad
15.3 sq mi
ZIP Area
832
Density / Sq Mi
$65,147
Median Household Income
$51,895
Median Earnings
$1,408
Median Rent
$444,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Similar Off Market Nearby

  • The Springs at The Waterfront 655 W Columbia Way Suite 602, Vancouver, WA 98660

Frequently Asked Questions

What type of property is this?
Senior housing / Retirement Home - Age-restricted affordable housing with ground-floor retail and varied residential floor plans.
Where is this senior housing / retirement home located?
The property is located at 621 Broadway St Vancouver, WA.
What are key features of this property?
This property features: 46 residential units with studio, one‑bedroom/one‑bathroom, and two‑bedroom/one‑bathroom layouts; 39,996‑square‑foot property built in 2004; 100% age‑restricted senior housing community
(916) 724-1285 Call to check price and availability
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