High-End Townhome Living: Each of the 24 units were meticulously built with luxury finishes, including stainless steel appliances, modern fixtures, and private backyards; each unit features 4 bedrooms, 2.5 bathrooms, and 2-car garages, providing spacious and comfortable living.

Turnkey Asset: Lincoln Woods includes 24 units that are fully occupied with zero delinquency; current rents are within 5% of market value, offering new ownership a true turnkey opportunity in a fast-growing submarket. Units are metered separately for utilities and billed directly to tenants; eliminating utility expenses for the owner.

Expansion Opportunity: An additional 11 units with identical finishes and floorplans available at the adjacent Lincoln Ridge; the property is slated for completion in August, expanding the investment potential to a total of 35 units.

Favorable Pricing: Priced at $10,200,000, or $425,000 per unit, Lincoln Woods offers the chance to acquire 24 turnkey townhomes; Lincoln Ridge is a great bolt-on opportunity or can be purchased separately.

Rare Investment with Strong Absorption: Experience newer construction in a thinly traded, desirable submarket with limited future deliveries on the horizon; positive net absorption during 14 out of the last 15 years.

Future Flexibility: With each unit parceled individually, new owners have the flexibility to sell the townhomes as single-family homes or continue operating them as a rental portfolio, maximizing investment options.

Luxury Amenities: Kitchen amenities include stainless steel appliances, granite countertops, walk-in pantries, and kitchen islands; living rooms feature modern LED lighting and wall-mounted energy-efficient heating and cooling units; additional amenities include in-unit washers and dryers in all units, a 240-volt electric car outlet in the garage, and extended driveways.

Desirable Location: Located just minutes from Downtown Vancouver and the restaurants and dining available on the Vancouver Waterfront, Lincoln Woods & Ridge Townhomes offer quick driving access to I-5 and SR-500, as well as nearby grocery and retail stores like Target and Fred Meyer; enjoy walking distance to local trails and the Alki Road Community Park.

Key Employment Drivers: An integral part of the Portland MSA, Vancouver boasts a highly diversified economy driven by high-wage sectors, like technology, healthcare, finance, and business services; home to main offices for Intel, Nike, Adidas, and Columbia Sportswear.