Covington Manor Townhomes

HFO is pleased to present Covington Manor Townhomes, a rare opportunity to acquire a 14-unit townhome community built in 2017 in Vancouver, Washington's highly desirable Orchards submarket. Comprised entirely of spacious three-bedroom, two-and-a-half-bath townhomes averaging 1,423 square feet, each residence features an attached garage, in-unit washer and dryer, granite countertops, stainless steel appliances, and modern finishes that provide residents with the comfort and functionality of single-family living. The property's newer construction minimizes near-term capital expenditure requirements while offering investors a stable, low-maintenance asset with strong long-term ownership appeal. Located just minutes from major employers, retail amenities, and convenient access to I-205 and SR-500, Covington Manor benefits from sustained rental demand driven by Clark County's continued population growth and Washington's favorable tax environment. An additional differentiator is the property's unique ownership structure, with each townhome situated on its own separately deeded parcel, providing future flexibility to sell the asset as a single investment, in phased tranches, or as individual homes to maximize value over time. Covington Manor represents an exceptional opportunity to acquire a high-quality, institutional-caliber multifamily investment offering durable cash flow, limited operational burden, and multiple avenues for future value creation.