REBusinessOnline

Capstone Partners Sells 165-Unit Multifamily Complex in Oregon for $45M

TIGARD, ORE. — Capstone Properties has completed the disposition of Attwell Off Main, a multifamily property located in Tigard. Denver-based Grand Peaks Properties purchased the asset for $45 million.

Located at 12850 SW Ash Ave., the property features 165 units in a mix of studio, one-, two- and three-bedroom layouts, including six two-story townhomes. Built in 2017, the community features trails for pedestrians and bicyclists, a fitness center, a pet grooming station, bike storage and repair center and a 1.02 parking ratio.

Joe Nydahl, Phil Oester and Josh McDonald of CBRE’s Portland office represented the seller in the transaction.

Content Partners
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Walker & Dunlop

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