| Opportunity to acquire and advance a proposed 44-unit multifamily development in Vancouver, Washington, totaling approximately 31,193 residential rent |
| Vancouver has experienced sustained long-term population growth, increasing by approximately 36% since 2000 to nearly 200,000 residents. |
| Unit mix is weighted toward studios, one bedroom, and two-bedroom residences, supporting broad renter demand and efficient lease-up potential. |
| Current zoning provides a potential path to permit up to 60 residential units, representing a 36% increase over the current 44-unit plan. |
| Evergreen Lofts is located within a designated Opportunity Zone, creating potential tax-advantaged economics. |
| Vancouver apartment rents generally range from approximately $1,750 to $1,865 |
Georgie Christensen-Riley
Marcus & Millichap
