Green Leaf River Pointe

3708 NE 109th Avenue, Vancouver, Washington 98682

Unpriced

Status:
In Contract
County:
Clark
Units:
387
Year Built:
'80-'94
Land Size:
19.01 Acres
Building Size:
399,980 sq. ft.
Unit Mix:

387 units consisting of 114 1-bedroom, 198 2-bedroom and 75 three-bedroom units.

Floors:
3
Rec Room:
Yes
Fitness Center:
Yes
Open Parking:
413 spaces
View:
Green spaces
WD in unit:
Yes
Rental Office:
Yes
On Site Manager:
Yes
Covered Parking:
192 spaces
Garages:
78
Roof Type:
Composite
Fireplace:
Yes
Storage:
Yes
Playground:
Yes
Pool:
Two outdoor seasonal pools
Hot Tub:
Yes
Patio Deck:
Yes
Property Photo

Constructed in three phases between 1980 and 1994, Green Leaf River Pointe consists of 14 townhomes and 373 flats and a diverse unit mix of one-, two- and three bedrooms. Renovations have been completed recently at the property's two clubhouses. One clubhouse contains the leasing office and resident welcome center, and the other offers an extensive conference area and fitness center. Both clubhouses are adjacent to outdoor seasonal pools. Additional value-add is available through amenity additions/upgrades and continued unit enhancements.

Green Leaf River Pointe is in the highly desirable submarket of Vancouver, Washington. Since 2015 the Portland area has been one of the top rent growth markets in the United States. As the City of Portland has implemented inclusionary zoning and required landlords to pay high tenant relocation fees, Vancouver has become a more attractive location for investors seeking to benefit from Greater Portland's non-stop growth. The Portland metro area has seen non-stop in-migration of 80 new residents each day. Construction of new housing is unable to keep up with the demand for a variety of factors. These factors include increased costs of development and management inside the city limits of Portland and a lack of land available for development.

387
Units
'80-'94
Year Built
399,980
SQ. FT.

Property Location