Two-Property Investment Opportunity in Tacoma – 100 Units with Strong Growth Potential

Two-Property Investment Opportunity in Tacoma – 100 Units with Strong Growth Potential

Presenting The Granada and Midtown Apartments, a two-property investment opportunity located in the thriving city of Tacoma, Washington. This offering totals 100 units across two well-maintained properties in close proximity, representing the quintessential charm and appeal of Tacoma's growing rental market. These properties are available for sale as a portfolio or individually, offering flexibility for a wide range of investors.

? ?????????? ???????????????? & ???????????????? ???????????? Both Midtown 15 and The Granada are strategically situated near new local transit, schools, and a wealth of expanding job opportunities. Tacoma’s ongoing economic growth, coupled with net positive population growth and a lack of comparable multifamily supply, creates a solid foundation for long-term investment success.

?? ?????????????????????? ???????? ?????? & ?????????????? ?????????????? The Granada and Midtown feature a diversified unit mix, catering to a variety of tenants. Both properties have undergone extensive interior and exterior renovations, making this a true turnkey investment. 100% of the units have been recently upgraded, creating high-quality, modern living spaces while minimizing future capital expenditures.

?? ?????????????? ???????????????? ?????????? For investors, this offering presents an opportunity to acquire properties well below replacement cost, with consistent and predictable returns. Both properties boast well-maintained grounds, modernized systems, and strong market positioning. The flexibility to purchase both properties as a joint investment or individually allows for tailored strategies based on your investment goals.

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?? The Granada Apartments

  • Net Rentable SF: 14,700
  • Total Building Size: 20,544 SF

  • Number of Units: 32
  • Year Constructed: 1924
  • Current Cap Rate: 6.15%



?? Midtown 15 Apartments

  • Net Rentable SF: 35,184
  • Total Site SF: 102,336

  • Number of Units: 68
  • Year Constructed: 1964
  • Current Cap Rate: 6.15%

?? ???????????????? ?????????? Exclusive property tours are available by appointment only. Reach out to Dylan Simon, Austin Kelley, or JD Fuller to schedule your tour and explore these outstanding Tacoma properties firsthand.

For full details on this listing and to download the complete marketing package, visit GranadaMidtownApts.com.?

Ready to explore this investment? Reach out to our team today for more information or to schedule a property tour!

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Stepan Tanasiychuk

Founder & CEO at Stfalcon | Custom Mobile & Web App Development Services | Stfalcon Named Among Clutch’s Top 1000 Global Service Providers

4 个月

Dylan, these properties sound like a great opportunity! How's the interest level so far?

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Woodley B. Preucil, CFA

Senior Managing Director

5 个月

Dylan Simon Very insightful. Thank you for sharing

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