Chuck Slothower//July 1, 2025//
A 94-unit apartment complex in West Linn has sold for $33.6 million.
The seller of the 140,946-square-foot asset was Reliant Group, based in San Francisco. The buyer’s identity was not immediately available from Clackamas County records.
Summerlinn Apartments, at 400 Springtree Lane in West Linn, sits on 6.1 acres in Clackamas County. The property includes a mix of one-bedroom, two-bedroom and three-bedroom units.
CBRE’s Josh McDonald, Joe Nydahl and Matt Dodd represented Reliant Group in the transaction.
“Summerlinn Apartments drew strong investor interest thanks to its compelling combination of location, scale and upside potential,” McDonald stated in a news release. “With limited new supply in the pipeline and strong market fundamentals in West Linn, this asset offered a rare chance to capitalize on long-term growth in one of the region’s most sought-after submarkets.”
The property previously sold for $19.2 million in June 2015.
Community amenities include a gated entrance, landscaped grounds, a sports court, a play area, and a remodeled clubhouse with a pool, a hot tub and outdoor entertainment space.