Madrona Pointe Apartments
Tacoma, Washington
Purchased May & July 2003 $18,100,000
Renovation Completed Aug 2005
Market Value Sept 2009 $33,114,800
Imputed IRR 45.38%
Tacoma, Washington
INVESTMENT SUMMARY
- 465 Apartment units
- 1986 & 1988 Year Built
- 26.5 acres
INVESTMENT STATISTICS
Purchased May & July 2003 $18,100,000
Renovation Completed Aug 2005
Market Value Sept 2009 $33,114,800
Imputed IRR 45.38%