This multi-asset portfolio presents a rare opportunity to acquire over 12 acres of versatile real estate in Tacoma’s growing urban corridor. The offering includes a former school campus with gymnasiums, classrooms, dormitories, and outdoor fields, as well as a separate 2.38-acre parcel with existing residential infrastructure. Together, these properties offer immediate potential for conversion into a daycare center, sports complex, and multifamily housing—each supported by existing structures that dramatically reduce development costs and timelines.
The former Sound Christian Academy campus at 2052 S 64th St features purpose-built facilities ideal for adaptive reuse. The daycare opportunity includes eight classrooms, a kitchen, fenced playground, and covered outdoor court, with proximity to Wapato Hills Park enhancing outdoor programming. The sports complex includes an 18,300 SF gymnasium, locker rooms, bleachers, and a full outdoor field—ready for basketball, volleyball, pickleball, and turf-based sports. Meanwhile, the multifamily redevelopment site at 2402 S 66th St includes a 15,969 SF dormitory and 4,032 SF office building, offering a cost-efficient platform for micro-units, student housing, or townhomes.
Located near Tacoma Mall, S Tacoma Way, and major arterials with over 179,000 vehicles daily, the properties benefit from strong visibility, access, and demographic growth. The surrounding area supports demand for licensed childcare, indoor recreation, and affordable housing—making this portfolio a strategic investment for developers, operators, or community-focused institutions.