January 2006
Madison Park is a relatively new Class “B” apartment complex located in Vancouver, Washington.  The property consists of 23 two story apartment buildings housing 336 units. It is very well located, being 15 minutes from Downtown Portland and Portland International Airport.  It is also serviced by a number of shopping centers and other services all in close proximity to the property.

Madison Park Apartments
Sales Price	$22,300,000
Square Feet	280,560
Price Per Square Foot	$80
Cap Rate	6.63%
Acres	19.72
Address	12901 NE 28th Street
City	Vancouver, WA