The Tekoa Apartments is a high-performing, 100% Project-Based Section 8 community under a Senior Option 1a HAP contract. This offering presents investors with the opportunity to acquire a well-maintained, stabilized asset at an attractive cap rate and a basis in a strong Washington State market. With the Security of long-term HAP income, limited deferred maintenance, and significant spread over cost of capital, this property provides a superior risk-adjusted return-ideal for investors seeking reliable cashflow with minimial vacancy risk.