Marcus & Millichap Brokers $23.8M Sale of Ashley Terrace Apartments in Vancouver, Washington

Ashley Terrace in Vancouver, Washington provides 118 residences, a pool, tennis courtroom and health middle.

VANCOUVER, WASHING. – Marcus & Millichap organized the sale of Ashley Terrace, an condominium constructing at 4500 Nicholson Street, Vancouver. Subsequent Wave Buyers LLC acquired the asset from an unknown vendor for $ 23.8 million.

Inbuilt 1993, Ashley Terrace provides 118 residences in a mixture of one, two and three bed room layouts, a clubhouse, health middle, pool and tennis courtroom. Subsequent Wave plans to implement a renovation program that may embrace new home equipment, lighting, plumbing, laborious flooring in most rooms, new carpets in bedrooms and upgraded kitchens, and repairs and upkeep of out of doors and customary areas.

Khari Gates and Georgie Christensen-Riley from Marcus & Millichap represented the consumers. Marcus & Millichap additionally represented the vendor within the deal.

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