F. Raymond & Grace E. Lester Family LP Acquires The Couve Apartments For $4.75M

The Couve Apartments, a multifamily property located at 7308 Northeast 51st Street in Vancouver, Washington, was recently sold for $4.75 million. The property consists of 15 units spanning 15,485 square feet, with a price per unit of $316,667 and a price per square foot of $307.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,750,000
• Buyer: F. Raymond & Grace E. Lester Family LP
• Seller: Genesis Rentals, LLC
• Brokers: Cameron Mercer & David Chatfield - Norris & Stevens

F. Raymond and Grace E. Lester Family LP completed the acquisition of The Couve Apartments in Vancouver, Washington. The deal was facilitated by brokers Cameron Mercer and David Chatfield from Norris & Stevens, ensuring the successful transaction of the multifamily property.