Listings/Coventry Court IV & Annex
Coventry Court IV & Annex
Sale Price: $24,600,000
For more information about this property, please contact the listing broker.
Please view the Case study for this property by clicking the link below.
Sale Summary
Goodman Real Estate faced the challenge of selling two properties in a less desirable area of the Tacoma market amidst shifting financial conditions. One of the properties also required a loan assumption. Despite these obstacles, our comprehensive marketing process targeted the West Coast investment community, emphasizing attractive pricing metrics and the opportunity to scale in the Puget Sound region at below replacement costs. The strategy proved successful, generating ten offers, one of which came from a known investor in our network. The transaction closed smoothly within a 60-day period, providing the buyer with an opportunity to establish a presence in the market.
Case Study
Click here to view the case study for this transaction.
Press
- Kidder Sells Tacoma Multifamily for $21M
- Goodman Real Estate Sells 100-Unit Apartment Building in Tacoma for $21.15MM
- Seattle entity sells Tacoma 120-unit apartment property to Southern California investors
- Goodman Real Estate Sells Coventry Court Apartment Property in Tacoma, Washington for $21.1M
- Kidder Mathews sells 120 total units in South Tacoma, Washington
- 100-Unit Apartment Building Sells in South Tacoma
- Goodman Real Estate sells South Tacoma apartments to SoCal investor
Testimonial
“Working with the Simon | Anderson Team is always a pleasure. Having worked with them on many successful closings over the years, both on the buy and sell side, they are always professional, responsive and very well connected. I can’t recommend working with them enough.” – Eric R.
Portfolio Details
Sale Details
Location
Open Google MapsCoventry Court IV & Annex
908 76th St Ct E & 7412 Golden Given Rd E
Tacoma, WA 98404
Units: 120
Price: $24,600,000