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Irwin Rappaport's LLC Purchases Westview Terrace Apartments In Tacoma For $9.86M With Berkadia

Property Image
SOLD
$9,860,000

Washington

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MultiFamily
Sold 12/09/2024
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Property Image
SOLD

Irwin Rappaport's LLC Purchases Westview Terrace Apartments In Tacoma For $9.86M With Berkadia

2205 South 74th Street

See Similar Deals
MultiFamily
Sold 12/09/2024
the dealplayerscompscontact
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Summary

WASHINGTON
Asset Type:MultiFamily
Transaction Type:Sale

The Westview Terrace apartments, a multifamily asset, sold for $9.86 million located at 2205 South 74th Street in Tacoma, WA. The transaction involved a 47-unit complex, with a per-unit price of $209,787.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $9,860,000
  • Address: 2205 South 74th Street
  • Market: Tacoma, WA
  • Units: 47
  • Price Per Unit: $209,787

The deal was facilitated by Chad Blenz from Berkadia, representing the investor. The purchaser is an LLC affiliated with Irwin Rappaport, marking the second multi-million dollar sale in the area this fall by an LA-based investor.

Players

Chad Blenz
Berkadia
Chad Blenz
3 deals$26.2M volume(206) 801-3075
BROKER

Details

SOLD
IMAGE: 12/09/2024 ADDRESS: 2205 South 74th Street MARKET: Tacoma, WA ASSET TYPE: Multifamily BROKER: Chad Blenz - Berkadia SALE PRICE: $9,860,000 UNITS: 47 ~ PPU: $209,787 NOTE: Westview Terrace apartments in South Tacoma sold for $9.86 million on December 9, marking the second multi-million dollar sale in the area this fall by an LA-based investor. The 47-unit complex was purchased by an LLC affiliated with Irwin Rappaport, with Berkadia Seattle Investment Sales facilitating the deal.

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