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17-Story Tacoma MF Trades for Nearly $26M
VDR Investments Homes LLC purchased Vista Del Rey, a 17-story, 130-unit apartment complex, located at 319 N. Tacoma Ave. in Tacoma, WA for $25.7 million. The seller was a Seattle-based entity called Twin Spits LLC.
The site, located in the popular Stadium District, includes an adjoining .67-acre land parcel that could potentially accommodate an additional 130 units. The property has quick access to I-5 via highway 705, and downtown Tacoma is easy to get to via bicycle, car, bus, or Tacoma’s new light rail extension, scheduled for completion in 2022.
VDR Investment Homes LLC, led by Rose Stanek-Norbe of Tyroda LLC, was able to secure the contract, teaming up with Targa Property Management. Stanek-Norbe says, “Our combined passion for acquiring and improving properties in Tacoma made this a great partnership. The vision for Vista Del Rey is to modernize while maintaining its classic mid-century appeal.”
Kidder Mathews’ Tyler Stanek represented the buyer in the transaction.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


