(Editor’s Note: According to Clark County public records, the sales price was $12.15 million, or about $104,701 per unit.)

VANCOUVER, Wash., July 10, 2025 – Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE: MMI) dedicated to serving the company’s institutional clients, announced today the partial interest sale of Maple Ridge, a 116-unit multifamily asset in Vancouver, Washington.

“The offering of Maple Ridge was met with exceptional demand, given its unique combination of long-term ownership, enduring physical characteristics, and clear value-add business plan,” said Anthony Palladino, IPA senior director. “All unit interiors have their original finishes, which gives the new ownership group the opportunity to implement blank-slate value-add improvements and r

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