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AVerage SF
980
BUilt
1986
Units
108
Berkadia Seattle Investment Sales is pleased to announce it has been retained as the exclusive listing broker for Valley Vista in Tacoma, WA.
Valley Vista presents an attractive investment opportunity in a dynamic market, offering immediate scale with its 108 homes that hold substantial value-add potential. Twenty-two homes have undergone renovations that include updated cabinets, flooring, and lighting packages, which have proven to be a successful strategy, resulting in notable rental premiums.
Situated in South Tacoma, the property offers convenient access to the Sounder train station, enabling residents to enjoy a prime location with connectivity to major employers throughout the Puget Sound area, as well as local employers in Tacoma and Joint Base Lewis-McChord via Interstate 5. Additionally, the property is located just 1.5 miles from the Tacoma Mall, providing residents with all neighborhood conveniences.
Address
City, State, Zip
County
Parcel Numbers
Units
Construction Year
buildings
Stories
Site Size/Acreage
Rentable SF
Average Unit SF
Average Rent/Unit
Average Rent/SF
6830 Tacoma Mall Blvd
Tacoma, WA 98409
Pierce
7850400090
7850400081
108
1986
7 + Leasing Center
Three
5.99 Acres
105,840 SF
980 SF
$1,616
$1.65
Opportunity
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Valley Vista, located in Tacoma, WA, comprises 108 two-bedroom homes constructed in 1986. The property boasts a clubhouse, fitness center, BBQ and picnic area, and an off-leash dog park. Its central location offers convenient access to local amenities, with the Tacoma Mall less than 2 miles away, as well as easy access to I-5 and Highway 512.
Asset
VALLEY VISTA
Contact us.
Kenny Dudunakis
Senior Managing Director
WA CRE #30749
206.521.7216 kenny.dudunakis@berkadia.com
Email
George Pallis
Director
WA CRE #138339
206.801.3070
george.pallis@berkadia.com
Email
David Sorensen
Managing Director
WA CRE #26603
206.801.3102 david.sorensen@berkadia.com
Email
Ben Johnson
Managing Director
WA CRE #114515
206.801.3144 ben.johnson@berkadia.com
Email
INVESTMENT SALES
411 108th Avenue NE
Suite 1080
Bellevue, WA 98004
425.230.2565
berkadia.com
berkadia.com/northwest
Bellevue Office
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities,
visit: https://www.berkadia.com/licensing/.
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
Peter Dudunakis
Associate Director
WA CRE #24008898
206.795.4169
peter.dudunakis@berkadia.com
Email
MIchael Manolides
Senior Director
253.670.2143
michael.manolides@berkadia.com
Email
MORTGAGE BANKING
Valley Vista has successfully completed renovations on 22 homes, establishing a proven blueprint for enhancing the remaining 86 homes. These renovated homes feature a comprehensive upgrade, including new white cabinets, quartz or solid surface countertops, modern doors, updated trim, contemporary light fixtures, stylish window coverings, fresh flooring, and upgraded hardware. Additionally, the bathrooms have undergone significant improvements with resurfaced bathtubs and surrounds, or replacements where necessary, along with resurfaced fireplace tiles.
Value-Add Opportunity
Renovated Premiums
In-Place Rents to
Berkadia Reno Pro Forma
$280+
Potential NOI Growth
April 2025 T-3/T-12 to
Berkadia Reno Pro Forma
$235k+
Standard Home
6830 Tacoma Mall Blvd | Tacoma, WA 98409
Exclusive Multifamily Opportunity
Robert Doxsee
Managing Director
786.646.2580
robert.doxsee@berkadia.com
Email
Document Center
Opportunity
Contact
Privacy
Terms of Use
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage loan brokerage business in Nevada.
© 2024 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by the Tax Credit Syndication group. For state licensing details for the above entities,
visit: https://www.berkadia.com/licensing/.
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004
Contact us.
411 108th Avenue NE
Suite 1080
Bellevue, WA 98004
425.230.2565
berkadia.com
berkadia.com/northwest
Bellevue Office
Kenny Dudunakis
Senior Managing Director
WA CRE #30749
206.521.7216 kenny.dudunakis@berkadia.com
Email
Peter Dudunakis
Associate Director
WA CRE #24008898
206.795.4169
peter.dudunakis@berkadia.com
Email
George Pallis
Director
WA CRE #138339
206.801.3070
george.pallis@berkadia.com
Email
David Sorensen
Managing Director
WA CRE #26603
206.801.3102 david.sorensen@berkadia.com
Email
Ben Johnson
Managing Director
WA CRE #114515
206.801.3144 ben.johnson@berkadia.com
Email
INVESTMENT SALES
MIchael Manolides
Senior Director
253.670.2143
michael.manolides@berkadia.com
Email
Robert Doxsee
Managing Director
786.646.2580
robert.doxsee@berkadia.com
Email
MORTGAGE BANKING
JAy TImpani
Managing Director
WA CRE #106640
206.999.3206
jay.timpani@berkadia.com
Email
Brandon LAwler
Senior Director
WA CRE #124640
206.484.8114
brandon.lawler@berkadia.com
Email
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© 2022 Berkadia Proprietary Holding LLC
Berkadia® is a trademark of Berkadia Proprietary Holding LLC
Investment sales / real estate brokerage business is conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. This website is not intended to solicit commercial mortgage loan brokerage business in Nevada. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #988-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: www.berkadia.com/legal/licensing
Seattle office
601 Union St, Suite 3909
Seattle, WA 98101
bellevue office
411 108th Avenue NE, Suite 1080
Bellevue, WA 98004