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Barclay Village Apartments Sold for $18.75M

Virtu Investments Acquires 146-unit Apartment Complex
By Franklin Geho
October 4, 2017 | 10:10 P.M.

Barclay Cascade Investors LLC sold the Baclay Village Apartments in Oregon City to California-based Virtu Investments for $18.75 million, approximately $128,425 per unit. Located at 775 Cascade St. in Clackamas County, Barclay Village delivered in 1987 and has been partially renovated since completion. The 144,400-square-foot complexspans across a total of 13 buildings and 146 units. The multifamily property features one and two bedroom units and offers fitness facilities, parking, and a pool to its community. Phil Oester, Joe Nydahl and Josh McDonald of CBRE represented the seller in this transaction. Please see CoStar COMPS # 4018673 for more information on this transaction.

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