Kidder Mathews is pleased to have the exclusive listing for the Midtown and Granada apartments – a two property offering containing 100-units, upgraded property systems, and operational upside.

Totaling 100 units with excellent proximity to each other, Midtown and Granada represent quintessential Tacoma. Conveniently located nearby brand-new local transit, schools and rapidly expanding job opportunities - both properties are well positioned to benefit from Tacoma’s continued economic growth, net positive population growth and lack of comparable supply. Both Midtown and the Granada support a diversified unit mix, updated property systems and well-maintained grounds. These two investment opportunities have recently undergone a complete reposition program that includes full interior and exterior remodel work on 100% of the units. Investors can find immense value in this offering in purchasing well below replacement cost, turnkey products providing consistent and predictable returns, as well as extremely limited capital expenditure for years to come. Ownership will sell as joint purchase, or to individual investors.

OFFER REQUIREMENT

All offers must be submitted to Dylan Simon, Austin Kelley and Elijah Piper, and must include the following terms and information:

• Purchase Price
• Earnest money deposit, including non-refundable portion and timing of deposits
• Timing for due diligence and post-diligence closing period
• Source of funds for acquisition

Property Tours

All property tours will be conducted exclusively by Dylan Simon, Austin Kelley or Elijah Piper by appointment only. To learn more about the opportunity please contact the listing brokers directly.