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VWR Development and Holt Group buy luxury multi-housing community in Portland
Transactions - AUGUST 2, 2021

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VWR Development and Holt Group buy luxury multi-housing community in Portland

by Released

VWR Development and Holt Group have sold Parallax, a 66-unit, class A, luxury multi-housing community in the Boise-Eliot neighborhood of Portland, Ore.

A California-based private investor acquired the property.

Completed in June 2020, Parallax comprises studio, one- and two-bedroom units ranging from 377 to 742 square feet. Additionally, there are 3,444 square feet of retail space. Units feature nine- to 14-foot ceilings, floor-to-ceiling windows, stainless steel appliances, gas range, modern cabinetry, tile backsplash, luxury vinyl plank flooring, solar shades, a washer and dryer, and air conditioning ports. Community amenities include a rooftop terrace with fire pit and barbecue, paid gated parking, controlled access, 24/7 package lockers and a community lounge.

Located in the Boise-Eliot neighborhood, the community benefits from immediate access to three of Portland’s most well-known retail, dining and entertainment corridors — North Williams Avenue, Nor

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