Multifamily owner-operator and investment manager Pacific Urban Investors has acquired Meadow Creek, now renamed Ansley Murrayhill, a 304-unit apartment community in Tigard, Oregon.
The acquisition of Meadow Creek brings Pacific’s Portland metro portfolio to 2,610 units across 10 properties. Meadow Creek is a two-story, garden-style community with 608 parking spaces.
Located in the Murrayhill neighborhood of Washington County, the property offers short commutes to large employers in the MSA, including Nike and Intel, and immediate access to retail offerings.
“In addition to the robust amenity set, there is ample green space between buildings, offering a pleasant living experience for residents,” said Zach Williams, Vice President of Investments at Pacific. “We are excited to add this community to our portfolio given the quality of the building and site, market fundamentals, and prospects for continued growth.”
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