4
TACOMA, WASH. — Goodman Real Estate has completed the disposition of three properties totaling 557 units in Tacoma’s Parkland neighborhood. American Capital Group purchased the assets for $102.6 million. Giovanni Napoli, Philip Assouad, Ryan Harmon, Nick Ruggiero and Anthony Palladino of Institutional Property Advisors, a division of Marcus & Millichap, represented the seller and procured the buyer in the deal.
The properties included in the sale were:
- Miramonte, a 120-unit property that was built in 1991. The community features one-, two- and three-bedroom apartments, as well as amenities such as a pool, outdoor fireside lounge and fitness center.
- Monterra, a 280-unit asset that offers one-, two- and three-bedroom floor plans. Monterra features community amenities such as an outdoor pool, barbecue area and a clubhouse with an indoor pool and spa.
- Heatherstone Apartments, a property that consists of 157 units across 11 buildings. The complex was built in 1993 and 2009. Amenities include a clubhouse with a lounge and leasing office, outdoor pool and dog park.