Reliant Group Sells Summerlinn Apartments In West Linn For $33.6M With CBRE As Brokers

The multifamily asset involved in the transaction is located at 400 Springtree Lane, West Linn, OR. This property spans 6 acres and comprises 94 residential units, with a price per unit of $357,447. The sale price of the property was $33,600,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $33,600,000
• Address: 400 Springtree Lane
• Market: West Linn, OR
• Acres: 6
• Units: 94
• Price Per Unit: $357,447
• Seller: Reliant Group
• Brokerage: CBRE
• Brokers: Josh McDonald, Joe Nydahl & Matt Dodd

CBRE facilitated the transaction involving the sale of Summerlinn Apartments, representing the seller, Reliant Group, in the process. The property features a clubhouse, pool, sports court, and various community amenities.