Multi-housing community trades for $30m in Portland area

Guardian Real Estate Services has sold Hidden Village, a 98-unit, garden-style multi-housing community in West Linn, Ore., for $30.25 million.

FPA Multifamily acquired the property.

Hidden Village comprises one- and two-bedroom flats and two-bedroom townhomes averaging 848 square feet. Units feature stainless steel appliances, fireplaces, upgraded LED lighting, balcony/patio with storage and vaulted ceilings. The community offers a clubhouse, pool, spa, fitness center, covered parking and detached garages.

Situated at 40010 Robin Pl., Hidden Village is surrounded by a host of expanding manufacturing, educational and healthcare companies, including Clackamas Community College, PCC and Blount. The property’s location connects residents to major transportation arterials granting access to downtown Portland in 25 minutes. Residents have access to 4.8 million square feet of retail within a three-mile radius of the property, such as Cascade Summit Town Square, Orego