Rare, Stabilized New Construction Asset in Vancouver

Spanning 5.31 acres, Prairie Home Apartments features 120 units across five three-story buildings, constructed with a wood-frame design and pitched composition shingle roofs. The unit mix includes 36 one bedroom units (718 sq ft), 72 two-bedroom/two-bath units (955 sq ft), and 12 three-bedroom/two-bath units (1,210 sq ft), averaging 909 sq ft across the property. Built to modern standards, all units boast in-unit washers and dryers, electric fireplaces, air conditioning, microwaves, high-speed internet access, and private balconies or patios, catering to today’s renter preferences. Common area amenities enhance tenant appeal, including a clubhouse, fitness center, swimming pool, spa, grill area, pet play area, and playground. A total of 268 parking spaces, including 120 carports (one per unit), 129 open spaces, and 21 garages (19 for residents and 2 for maintenance), averaging 2.23 spaces per apartment unit, ensures ample convenience for residents. With its prime location in the Orchards submarket, Prairie Home Apartments offers unparalleled access to major transportation routes like I-205 and SR-500, proximity to employment hubs such as PeaceHealth and Fisher Investments, and lifestyle amenities including Vancouver Mall and local parks, all within a 24-minute drive to Portland International Airport, making it a highly desirable community for renters and a strategic investment in the thriving Portland-Vancouver metro area. Prairie Home Apartments stands out as a premier acquisition in one of Washington’s most desirable rental markets.

FOR SALE