Cottonwood is an incredibly well-maintained, proven value-add property, with three units completely renovated and a blend of partially-renovated and original units. Built in 1965, the Property offers 20 2bd/1ba units. All units are more-or-less the same floor plan, with ceiling heights ranging from 9' (6 units) to 10' (14 units). All of the units have attached garages with in-unit laundry. The units contain approximately 727 SF and the garages are 325 SF, for a total size of 1,052 SF. At list price, the in-place cap rate is 5.60%, and the as-renovated cap rate is 7.20%. Property Highlights • Desirable Vancouver/Clark County location • Walking distance to retail and public transportation • Adjacent to Burnt Bridge Creek trail system and open space • Desirable low-density design with attached garages and large yards • All units have in-unit laundry • Primed for a full value-add renovation, with neighborhood rent comparables supporting strong demand for renovated units • Potential to add private fenced yards • Potential to add a community BBQ and lounge area