San Diego-based Pathfinder Partners has purchased Creekside Village Apartments, a 132-unit multifamily property at 3100 Falk Road in Vancouver. An affiliate of ConAm Group sold the asset for $29 million, according to a report in Rebusiness Online.
Situated on 12 acres, Creekside Village consists of 15 two-story residential townhome buildings, four three-story residential buildings and a one-story building that houses the clubhouse, leasing office and fitness center. Constructed in 1992, the property features 48 two-bedroom/two-bath units, 12 two-bedroom/two-and-one-half-bath townhome units and 72 three-bedroom/two-and-one-half-bath townhome units averaging 1,293 square feet, according to Rebusiness Online.
The property also features covered parking, hot tub, swimming pool, direct access garages in 84 townhome units and a children’s playground. Pathfinder Partners plans various upgrades and improvements for the asset.