Tacoma · Commercial sale

Veritas Equity Partners - Heather Court - buys 12712 C St S in Tacoma for $4.65 million

An apartment complex at 12712 C St S, Tacoma sold for $4,650,000 on October 7, 2026. See the seller and buyer net sheets for this sale.

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Automated sale report from public sales records · How we make these · Published November 13, 2026

Sold October 7, 2026 · Pierce County, Washington

Aerial view of 12712 C St S, Tacoma with the parcel outlined — Aerial photo: U.S. Geological Survey. Parcel outline: Pierce County Assessor. The photo can predate the sale.

Sale price: $4,650,000
Sold: October 7, 2026
Property type: Apartment complex
Building area: 20,368 sq ft
Price per sq ft: $228
Year built: 1971

Seller and buyer net sheets for this sale

Seller Buyer

NetSheet.orgOctober 7, 2026

Seller's estimated net sheet

12712 C St S, Tacoma

Sale price	$4,650,000
Title and settlement
Owner's title insurance policy	$10,160
Escrow fee	$700
Transfer taxes and recording
State real estate excise tax (graduated)	$108,575
Local real estate excise tax (0.50%)	$23,250
REET technology fee	$5
Prorations
Property tax proration (seller owes)	$11,351.10
Other costs
Wire / courier / payoff processing	$60
Total deductions	$154,101.10
Estimated net to seller	$4,495,898.90

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NetSheet.orgOctober 7, 2026

Buyer's estimated net sheet

12712 C St S, Tacoma

Purchase price (cash)	$4,650,000
Title and settlement
Escrow fee	$700
Transfer taxes and recording
Deed recording fee	$304.50
Credits
Property tax credit from seller	$11,351.10
Closing costs and prepaids	$1,004.50
Estimated cash to close	$4,639,653.40

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What these figures assume

No brokerage commission is shown: commissions on commercial deals vary and are not in the public record.
The seller figure is before any loan payoff.
The buyer side assumes a cash purchase with no financing.
REET technology fee: $5 per affidavit (confidence medium)
Annual property tax estimated at 0.90% of price ($41,850).
Title and settlement fees are typical estimates, not quotes.

Selling in Tacoma?

The apartment complex at 12712 C St S in Tacoma sold for $4,650,000 on October 7, 2026, according to Pierce County Assessor-Treasurer sales records. The Assessor's records show a market value of $3,658,800. The sale price was 27% above that value.

The deed covers 2 parcels. 12712 C St S is the largest one we could identify. The record lists HC 12712 C LLC as the seller and Veritas Equity Partners - Heather Court - LLC as the buyer.

The Assessor's records show 20,368 square feet of building area, a build year of 1971 and a 20,996-square-foot lot. The price works out to $228 per square foot.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting prorations, were $108,575 for the state real estate excise tax (graduated) and $23,250 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $4,495,899. That is before any broker commissions and any loan payoff.

How much cash did the buyer bring to closing?

A cash buyer would need about $4,639,653 at closing. That covers the full price and closing costs.

Run this net sheet with your numbers (free)

12712 C St S, Tacoma, WA.

Source: Pierce County Assessor-Treasurer, sales data downloads, document 4700536. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.