Canyon Creek Apartments Near Portland Sells for $49.5M
Community amenities at Canyon Creek include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. PORTLAND, ORE. — Aukum Management LLC has purchased the 372- unit Canyon Creek apartment community in the Portland submarket of Wilsonville for $49.5 million. The community is located at 26310 SW Canyon Creek Road , about 16 miles south of Downtown Portland. The property is 95.7 percent leased. Its units average about 858 square feet. Community amenities include a swimming pool, hot tub, fitness center, playground, clubhouse and business center. The seller, a private investor, was represented by HFF’s Ira Virden and Kerry Hughes. Tagged sales_and_leases