California firm purchases Vancouver apartments for $9.1 million

A 104-unit apartment complex in Vancouver known as the Village on Seventh has sold for $9.1 million. HFO Investment Real Estate (HFO) announced the transaction Thursday afternoon. The buyer, FPA Multifamily, is a San Francisco-based real estate investment firm with a portfolio of approximately 20,000 apartment units valued at $1.9 billion.

California firm purchases Vancouver apartments for $9.1 million

Village on Seventh is located at 12800 SE 7th St. and consists of 13 buildings on nearly six acres.

HFO represented the parties in the transaction.