Caesars Luxury Apartments
131-Unit Boutique New Construction in the Stadium District neighborhood of Tacoma, WA.
Deal Type: Acquisition
Risk Profiles: Core
Property Types: Multifamily
The Offering //
The Seattle Investment Sales Team of IPA has been retained as the exclusive Listing Brokers for the sale of the Caesars Luxury Apartments, a newly-built 131-unit multifamily community centrally located in Tacoma’s Stadium District, within a five-minute walk of the future Link Light Rail expansion. With a Walk Score of 96, residents of Caesars are surrounded by multiple shopping, dining, and entertainment venues including Stadium Thriftway, Rankos Pharmacy, McMenamins, the Grand Cinema, and multiple theaters. Wright Park, a sprawling 27-acre park is located one block from Caesars and features walking trails, a duck pond, spray park, and the Seymour Conservatory which hosts multiple events throughout the year.
Tacoma’s Link Light Rail expansion is scheduled to open in 2023, adding an additional 2.4 miles of track connecting the Stadium District, Hilltop, downtown Tacoma, and the Tacoma Dome. With a station only five blocks from Caesars and trains running every 10 minutes, residents will be further connected to local hospitals, the University of Washington Tacoma, and the regional transit center at the Tacoma Dome.This is a new Text block. Change the text.
Within a five-minute walk of future Link Light Rail Station with connectivity to hospital employment zones, downtown Tacoma, and the Tacoma Dome and
Transit Station with service beginning in 2023.
Best-In-Class New Construction
Opportunity to acquire an upscale boutique apartment community developed by a renowned local company.
Property features 131 apartment homes and sprawling community amenities.
Modern Condo-Quality Finishes
Unit interiors feature stainless steel appliances, sleek flat-panel cabinets, quartz countertops with undermount sinks, subway tile backsplashes, luxury plank flooring throughout, floor-to-ceiling windows, and A/C ports in select homes.
Excellent Community Amenities
Property features a spacious second-floor community area with lounge, fitness room, and more. 6th floor resident clubroom with access to rooftop deck with green space and hot tub.
Located in Tacoma's highly desirable Stadium District within walking distance to shopping, dining, nightlife, and 27-acre Wright Park with a Walk Score of 96.
Apartment Home Finishes
- Quartz countertops with undermount sinks and tile backsplashes
- Lacquered European cabinetry with brushed nickel hardware
- Vinyl plank flooring throughout all homes
- Tranquil and modern color palettes with two different color schemes
- 8' ceilings, custom doors and floor-to-ceiling windows in all homes
- Electronic thermostats and A/C ports in select homes
- Private decks or courtyard access in select homes
- Studio, urban one-, two-bedroom apartment homes available
- Expansive rooftop deck with green space, sunbathing deck, and hot tub
- Resident lounge with tv area, kitchen, and dining room seating
- Fitness room with cardio equipment, Peloton bike, and free weights
- Secured entry lobby
- Physical therapy / massage room
- Panoramic views of Tacoma, Commencement Bay, and Mount Rainier
- Conference room and business center
- Pet washing station, and dog run
- Bike storage and maintenance room
- Secured parking garage with standard and EV stalls