Reality Sports Foundation Acquires 7.34 Acres School Campus In Tacoma For $6.375M

The property involved is a former school located at 2052 South 64th Street in Tacoma, Washington. The asset encompasses 7.34 acres and has been acquired for a total price of $6,375,000, resulting in a price per acre of approximately $868,529.

Summary of transaction details:

• Property Type: School
• Transaction Amount: $6,375,000
• Acquisition Acreage: 7.34
• Buyer: Reality Sports Foundation
• Brokers: Matt McLennan, Steve Pelluer & Bruce Barker - Kidder Mathews

Reality Sports Foundation, a nonprofit athletic group, has secured a multi-use site on the former Sound Christian Academy campus, located just west of I-5 in Tacoma, Washington. The deal was represented by brokers from Kidder Mathews, facilitating the transaction for the organization.