Berkadia is pleased to announce it has been retained as the exclusive listing broker for Foothills Apartment Living in Sandy, OR. Foothills is a 69-unit, garden-style apartment community constructed in 2022, offering one- and two-bedroom homes averaging 904 square feet. The community features modern interior finishes, stainless steel appliances, hard surface countertops, and luxury vinyl plank flooring—catering to a high-end tenant demographic, as reflected by the asset’s in-place rents and operations. Situated due west of Downtown Sandy, Foothills is nestled between residential homes and open green space, providing residents with a quiet and private lifestyle. The Sandy market is highly supply-constrained, presenting qualified buyers with the rare opportunity to acquire a newly constructed asset in one of the Pacific Northwest’s highest barrier-to-entry submarkets. Further supporting the investment thesis, Sandy’s active sewer moratorium significantly limits potential for near-term new development. Foothills represents a compelling opportunity for both local and national investors looking to grow their secondary market footprint, with the ability to acquire a stabilized asset that provides both durable cash flow and long-term value preservation—in a market where new competition is structurally constrained.