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IMG Completes $16M Sale of Tacoma Multifamily Asset

Investors Management Group, Inc. (IMG) announced the sale of Valley Vista Apartments, a 108-unit multifamily community located at 6830 Tacoma Mall Boulevard in Tacoma, for $15.85 million. IMG acquired

NNN Triple Net Staff1 min read

Investors Management Group, Inc. (IMG) announced the sale of Valley Vista Apartments, a 108-unit multifamily community located at 6830 Tacoma Mall Boulevard in Tacoma, for $15.85 million. IMG acquired Valley Vista in October 2016 for $11.4 million, targeting the 1986-vintage property as a value-add opportunity. The investment strategy focused on driving upside through upgrades to units...

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