Oak Heritage

JLL Capital Markets is pleased to present Oak Heritage (the “Property”), a 33-unit, 100% leased, newly-constructed townhome community located in Battle Ground, WA, a rapidly growing suburban submarket that can be reached from Downtown Vancouver and Portland in less than 30 minutes. The Property caters to the growing affluent demographic and boasts expansive two-story floorplans with premium finishes, fully-fenced low maintenance backyards, two-car attached garages, air conditioning, and professional management. Each unit at Oak Heritage was individually surveyed during construction, presenting an opportunity for a potential condominium conversion.

Battle Ground has greatly benefited from robust population growth, with an almost 24 percent increase in population since 2010. Despite the rapid growth, only 213 units have been delivered in Battle Ground since 2017 (market-rate properties, 25 units or greater), causing rental demand to significantly outpace supply.

Residents benefit from Oak Heritage’s advantageous location, catering to commuters seeking a suburban setting. The Property’s proximity to major transportation routes enables convenient access to downtown Vancouver, the Portland International Airport, and downtown Portland in under 30 minutes.

Additionally, Oak Heritage provides residents housing with premier finishes, but without the substantial down payment of a new home. With an average down payment of $134K in Battle Ground, Oak Heritage presents a 41% monthly discount to homeownership without the cost of maintenance.