Columbia CU Sells Townhouse Development REO For $3.4 Million

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VANCOUVER, Wash. – Columbia CU has sold the 20-acre Two Creeks townhouse development, located beside the Camas Meadows Golf Club, for $3.4 million.

The credit union took possession of the partially built project in 2008 for $11.79 million.

Included in the transaction are 39 units and four completed building pad sites, sold for approximately $117,862 per unit.

 

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