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Quiet Deal of the Week #3: Vancouver Washington Apartment Building For Sale – Under $6 Million
January 5, 2012 by Neil · Leave a Comment
If the link above does not work, please fill out this form to request more information on the off-market Vancouver Washington apartment complex for sale – under $6 Million.
Vancouver is a city on the north bank of the Columbia River in the U.S. state of Washington. Incorporated in 1857, it is the fourth largest city in the state with a 2010 census population of 161,791 as of April 1, 2010. Vancouver is the county seat of Clark County and forms part of the Portland-Vancouver metropolitan area, the 23rd-largest metropolitan area in the United States.
Vancouver shares its name with the larger city of Vancouver located 305 miles (491 km) north in the Canadian province of British Columbia. Both cities were named in honor of sea captain George Vancouver, although the Canadian city was incorporated 29 years after the incorporation of Vancouver, Washington, and more than 60 years after the name Vancouver was first used in reference to the historic Fort Vancouver trading post on the Columbia River. City officials have periodically suggested changing the US city’s name to Fort Vancouver, Vancouver USA, or even Old Vancouver to reduce confusion with its northern neighbor. Many Pacific Northwest residents distinguish between the two cities by referring to the Canadian city as “Vancouver, B.C.” and the United States one as “Vancouver, Washington,” or “Vancouver USA.” Local nicknames include: “Vantucky” and “The ‘Couv(e)”.
As of the census[5] of 2008, there were 164,000 people in Vancouver alone but an estimated 2,250,000 people in the Portland-Vancouver Metro area. As of the 2000 census there were 56,628 households, and 36,298 families living in the city. The population density is 3,354.7 people per square mile (1,295.4/km²). There were 60,039 housing units at an average density of 1,403.0 per square mile (541.7/km²). The racial makeup of the city was 84.81% White, 2.50% African American, 0.97% Native American, 4.51% Asian, 0.54% Pacific Islander, 2.86% from other races, and 3.80% from two or more races. Hispanic or Latino of any race were 6.29% of the population. 16.4% were of German, 9.2% English, 8.4% Irish and 7.9% American ancestry according to Census 2000. 89.2% spoke English, 5.1% Spanish, 3.2% Russian, 1.4% Ukrainian and 1.1% Vietnamese as their first language. A large increase in persons with Russian or Ukrainian as their primary language has occurred.
There were 56,628 households out of which 33.4% had children under the age of 18 living with them, 47.3% were married couples living together, 12.1% had a female householder with no husband present, and 35.9% were non-families. 27.6% of all households were made up of individuals and 8.3% had someone living alone who was 65 years of age or older. The average household size was 2.50 and the average family size was 3.06.
In the city the population was spread out, with 26.7% under the age of 18, 9.8% from 18 to 24, 32.1% from 25 to 44, 20.6% from 45 to 64, and 10.7% who were 65 years of age or older. The median age was 33 years. For every 100 females there were 96.9 males. For every 100 females age 18 and over, there were 93.8 males.
The median income for a household in the city was $41,618, and the median income for a family was $47,696. Males had a median income of $37,306 versus $26,940 for females. The per capita income for the city was $20,192. 9.4% of families and 12.2% of the population were below the poverty line, including 16.1% of those under the age of 18 and 8.2% of those 65 and older.
The economy of Vancouver has paralleled that of the region generally. Moving from a salmon- and trade-based indigenous economy by the Chinook people, the Hudson’s Bay Company pioneered extractive industries such as the fur trade and timber. Subsistence agricultural gave way to market and export crops such as apples, strawberries and prunes. Largely bypassed by the railroad in the 1880s, when the Oregon Steam Navigation company would ferry trains across the river downstream from St. Helens, Oregon to Kalama, Washington, early downtown development was focused around Washington Street (where ferries arrived), lumber and Vancouver Barracks activities such as a large spruce mill for manufacturing airplanes. A 1908 railroad swing bridge across the Columbia allowed greater industrial developments such as the Standifer Shipyard during the first world war. With the Interstate Bridge and Bonneville Dam Vancouver saw an industrial boom in the 1940s, including the Kaiser shipyard and Alcoa, as well as a Boise Cascade paper mill, just west of the Interstate Bridge.
As the old-growth forests were depleted and heavy industry left the United States, Vancouver’s economy has largely changed to high tech and service industry jobs, with many residents commuting to Portland. Vancouver contains the corporate headquarters for Nautilus, Inc. and The Holland (parent company of the Burgerville, USA restaurant chain).
Downtown is home to a variety of independently owned small businesses, while outer areas are dominated by strip malls and franchise stores.
Vancouver is increasingly popular with retirees, partially because of its proximity to Portland and the absence of a state income tax in Washington.
If the link above does not work, please fill out this form to request more information on the off-market Vancouver Washington apartment complex for sale – under $6 Million.
