Westland Apartment Investors, a Portland investment real estate firm specializing in the acquisition and upgrade of multifamily housing in the Western States, announces the purchase of the Willowbrook Apartments, a 113-unit apartment property located in Beaverton, Oregon for $15.2 Million. Westland and its client investors plan on investing another $2.8 Million in upgrades to the property, which is located diagonally across the street from the Nike World Headquarters.
“The apartments at Willowbrook were built in 1980. The world was different then,” said Alex Audie, Westland Partner. “What people wanted was different, too. That’s why our plans for the renovation of the complex include not only refreshing the exteriors and making interior upgrades, but adding enhancements that appeal to the lifestyles of today’s residents.”
The expansive landscaping at Willowbrook will be enhanced with new pet-and-people friendly walking paths and an "urban reef" sculptured bench, the first in the Portland area, which will serve as an artistic place to gather and rest. When Willowbrook originally opened, having the Max on the westside of Portland was just a dream. Now, with the Millikan Way station just a few blocks down the street, Willowbrook is just an easy ride away from everything that the Portland area has to offer.
With more projects such as this on the horizon, Westland is looking to establish relationships with additional accredited investor clients. Interested investors should contact Alex Audie at firstname.lastname@example.org or by calling (503) 297-2575.