Briar Creek

JLL Capital Markets is pleased to present Briar Creek (the “Property” or “Community”), a 216-unit garden-style community located in Washington County’s premier submarket, Hillsboro, Oregon. Situated in the tranquil AmberGlen neighborhood of Hillsboro, the Community offers immediacy to the area’s major shopping centers, most sought-after recreational destinations, and the state’s largest economic drivers. Centrally located amongst the region’s most prominent and highest paying employers, residents are less than ten minutes from Nike, Intel, and a host of rapidly expanding technology companies throughout Washington County.

The Property is currently encumbered by a Low-Income Housing Tax Credit land use restriction with a maximum allowable rent at sixty percent of AMI, set to expire at the beginning of 2030. Briar Creek presents a rare opportunity to capture significant rental upside through a conversion to market-rate housing, along with a tangible repositioning opportunity through renovations to unit interiors and community amenities. Current ownership has made significant capital improvements to the property over the last five years, including new siding, windows, decks, and roofs.