Our Portfolio
108 Units — Seattle Metro
Valley Vista
Units: 108
Year built: 1986
Location: Tacoma, Washington
Submarket: South Tacoma
Acquired: October 2016
Purchase price: $11.4 million
1031 exchanges: 2
Equity invested: $4.8 million
Appraised value at refinance (2019): $17.8 million
Return of investor equity: 51%
CapEx budget: $864K
Refinance Results, March 2019
Member Investment Performance, July 2020
Investment Highlights
Located in the city of Tacoma on Seattle’s Interstate-5 corridor, Valley Vista benefited from its competitive appeal to the expanding renter-by-necessity segment.
The combination of IMG’s value-add business plan and quickly appreciating market delivered immediate and positive results. Income collections increased by 17% over the first year and an additional 10% in the second year of ownership.