Verso Apartments

Multifamily | Beaverton, OR

Newly built 172-unit five-story residential community with 2,400 sq. ft. of commercial retail located in downtown Beaverton, OR, one of the most desirable suburbs outside of Portland, OR.

Investment Details

Property Type
Multifamily
Location(s)
Beaverton, OR
Number of Units/Homes
172

Transaction Details

Acquired
2021
Purchase Price
$74 million
Ownership %
100%

Investment Details

Property Type
Multifamily
Location(s)
Beaverton, OR
Number of Units
172

Transaction Details

Acquired
2021
Purchase Price
$74 million
Ownership %
100%

Newly built 172-unit five-story residential community with 2,400 sq. ft. of commercial retail located in downtown Beaverton, OR, one of the most desirable suburbs outside of Portland, OR.

Asset Highlights

Multifamily
Community amenities include a fully equipped fitness center, large communal room and kitchen, gaming and activity room, pet washing station, bike storage and outdoor grills and lounging area.
Keys
The property has high occupancy and strong leasing momentum, in a submarket that has experienced significant economic growth.
Bedrooms
Brand-new studio and one- and two-bedroom flats featuring luxurious modern finishes throughout each apartment.

Location Highlights

Highway
Located near essential transit and highways and within walking distance to local attractions and amenities.
Proximity
Situated in Old Town Beaverton, which offers a variety of dining and shopping experiences.
people
Area experienced strong population growth, affluent renter demographic, and an influx of premier and high-tech employers into the “Silicon Forest".
View on Google
Verso Apartments map
Verso Apartments map