Lincoln Townhomes 4943 NE 2nd Ct 35 Lot Offre d’immeuble d’habitation À vendre Vancouver, WA 98663

Discover this dual investment opportunity, located in a single-family subdivision, that presents 35 premier townhome-style units, each with 4 bedrooms and 2.5 bathrooms in Vancouver, Washington.
Lincoln Woods, built in 2023, consists of 24 units that average 1,484 square feet each and showcase modern living with top-of-the-line finishes and energy-efficient features. The property is fully stabilized with 100% occupancy and zero delinquency, offering hassle-free living with low-maintenance yard care and energy-saving heating and cooling units. Each unit boasts 9-foot ceilings, laminate wood flooring throughout, and modern lighting. Lincoln Woods may be purchased as either a 12- or 24-unit acquisition. The neighboring property, Lincoln Ridge, is a companion project currently undergoing pre-leasing with an additional 11 units to be completed in August and offer identical finishes and floor plans.

This townhome community offers a serene setting close to various nature trails and parks, including the Burnt Bridge Creek Greenway and Discovery-Ellen Davis Trail. With direct access to Interstate 5, residents are centrally located near Downtown Vancouver and the waterfront, and just ten miles from Downtown Portland.[BB1] This positioning supports stable demand from professionals who desire short commutes and high-paying jobs while benefiting from no state income tax.
Lincoln Woods & Ridge Townhomes represent a rare dual opportunity in a thinly traded, desirable submarket with few future deliveries. Each unit holds individual parcel ownership, which provides new owners with the flexibility to sell as single-family homes or maintain a rental portfolio. This turnkey asset with no deferred maintenance generates rents within 5% of market value, ensuring immediate and stable returns. This opportunity offers investors flexibility in scale with purchase options for an 12-, 24-, or 35-unit portfolio.
Investment Highlights
· High-End Townhome Living: Each of the 35 units is meticulously built with luxury finishes, including stainless steel appliances, modern fixtures, and private backyards; each unit features 4 bedrooms, 2.5 bathrooms, and 2-car garages, providing spacious and comfortable living.
· Turnkey Asset: Lincoln Woods includes 24 units that are fully occupied with zero delinquency; current rents are within 5% of market value, offering new ownership a true turnkey opportunity in a fast-growing submarket. Units are metered separately for utilities and billed directly to tenants, eliminating utility expenses for the owner.
· Expansion Opportunity: An additional 11 units with identical finishes and floor plans available at the adjacent Lincoln Ridge; the property is slated for completion in August, expanding the investment potential to a total of 35 units.
· Rare Investment with Strong Absorption: Experience newer construction in a thinly traded, desirable submarket with limited future deliveries on the horizon; positive net absorption during 14 out of the last 15 years.
· Future Flexibility: With each unit parceled individually, new owners have the flexibility to sell the townhomes as single-family homes or continue operating them as a rental portfolio, maximizing investment options.
· Luxury Amenities: Kitchen amenities include stainless steel appliances, granite countertops, walk-in pantries, and kitchen islands; living rooms feature modern LED lighting and wall-mounted energy-efficient heating and cooling units; additional amenities include in-unit washers and dryers in all units, a 240-volt electric car outlet in the garage, and extended driveways.
· Desirable Location: Located just minutes from Downtown Vancouver and the restaurants and dining available on the Vancouver Waterfront, Lincoln Woods & Ridge Townhomes offers quick driving access to I-5 and SR-500, as well as nearby grocery and retail stores like Target and Fred Meyer; enjoy walking distance to local trails and the Alki Road Community Park.
· Key Employment Drivers: An integral part of the Portland MSA, Vancouver boasts a highly diversified economy driven by high-wage sectors, like technology, healthcare, finance, and business services; home to main offices for Intel, Nike, Adidas, and Columbia Sportswear.