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

Case Studies

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.