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3/25/26
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Valley Vista Apartments, a 108-unit multifamily property in Tacoma, WA, traded in a $15.85 mil ($147k/unit) transaction. The property is located at 6830 Tacoma Mall Blvd, just west of I-5.
Valley Vista Apartments offers residents convenient access to major employment centers, retail, and transportation corridors throughout the Tacoma area. The property features a mix of unit types with spacious layouts designed to meet the needs of the local renter base and presents strong value-add potential.
The asset benefits from its proximity to key regional drivers, including downtown Tacoma, Joint Base Lewis-McChord (JBLM), and major healthcare employers, as well as easy access to Interstate 5, enhancing connectivity throughout the Puget Sound region.
Elijah Piper and Tony Herrmann of Kidder Mathews’ Simon | Anderson Multifamily Team, along with Brian Richardson, also of Kidder Mathews, represented the seller, Investors Management Group, and served as the sole brokers in the transaction. The buyer, a California-based investment group, views Tacoma as a market with significant upside despite a challenging environment.
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