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Housing Authority Of Washington County Acquires Woodspring Apartments In Tigard For $46.6M

Property Image
SOLD
$46,600,000

Oregon

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MultiFamily
Sold 07/24/2023
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Property Image
SOLD

Housing Authority Of Washington County Acquires Woodspring Apartments In Tigard For $46.6M

MultiFamily
Sold 07/24/2023
the dealplayerscompscontact
Contact now

Summary

Asset Type:MultiFamily
Transaction Type:Sale

The Housing Authority of Washington County has purchased Woodspring Apartments, a senior housing community located at 16100 SW 113th Avenue in Tigard, Oregon. The property, which covers 8.2 acres, consists of 172 units. The sale, facilitated by Hamilton Zanze, was completed for a total price of $46.6 million, resulting in a per unit price of $270,930.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $46,600,000
  • Address: 16100 SW 113th Avenue, Tigard, OR
  • Market: Portland, OR
  • Size: 8.2 Acres
  • Buyer: Housing Authority of Washington County
  • Seller: Hamilton Zanze
  • Units: 172
  • Price per Unit (PPU): $270,930

Hamilton Zanze represented the sellers in the transaction, while the Housing Authority of Washington County acted as the buyers. The acquisition of Woodspring Apartments by the Housing Authority of Washington County marks a significant investment in senior housing in the Tigard area. The purchase aligns with their mission to provide safe and affordable housing options for seniors in the region.

Players

Hamilton Zanze
Hamilton Zanze & Company
Hamilton Zanze
4 deals$156.7M volume
SELLER

Details

SOLD
IMAGE: 07/24/2023 ADDRESS: 16100 SW 113th Avenue MARKET: Portland, OR ASSET TYPE: Multifamily ~ ACRES: 8.2 BUYER: Housing Authority of Washington County SELLER: Hamilton Zanze SALE PRICE: $46,600,000 UNITS: 172 ~ PPU: $270,930 NOTE: Hamilton Zanze has sold Woodspring Apartments, a senior housing community with 172 units in Tigard, Ore., to the Housing Authority of Washington County for $46.6 million.

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