BEAVTERTON, OR – FPA Multifamily has acquired a 137-unit, value-add, garden-style multifamily community in Beaverton, OR from DB Capital Management for $47 million.
The community, Summit at Hyland Park, was originally constructed in 1985, and it was renovated in 2016, prior to being updated in 2020.
Located at 14305 SW Sexton Mountain Dr., Summit at Hyland Park comprises one-, two- and three-bedroom floorplans. The units feature vinyl plank and carpet flooring, quartz countertops, stainless steel appliances, in-unit washers and dryers, walk-in closets, wood-burning fireplaces and a private balcony or patio. The property offers community amenities, including a clubhouse, dog park, pool and spa, fitness center, business center and barbeque area.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
