Real Estate
SEATTLE, Nov. 20, 2023 /PRNewswire/ -- Fourth Avenue Capital purchased The Ridge, a Class-B multifamily property located in Vancouver, WA in an off-market transaction. Fourth Avenue Capital now owns 18 assets across its portfolio, including three other properties in the Portland MSA. Built in 1987, The Ridge consists of 80 apartment units within 10 residential buildings on 3.05 acres of land. The property includes a leasing office, playground and pool. The property features large floorplans averaging 1,030 SF with 98% being the highly desirable 2x2 or 3x2 layouts. All units have a dedicated private ...Full story available on Benzinga.com.

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