The building at the corner of South 46th Street and Pacific Avenue used to be a convenience store, but Bill Schilling of the Garmish Capital Group says it’s now become so much more. Pacific Flats is an apartment complex meant to provide low-income housing for Tacoma residents. The complex has 13 apartments, with rent ranging from $900-$1200, below Tacoma’s fair market rate. Schilling says the project was a three-year process. Parts of the building, which was first erected in 1925, had to be completely renovated, and the price tag exceeded $1 million. READ THE FULL STORY HERE: https://www.king5.com/article/money/economy/pacific-flats-building-low-income-housing-tacoma/281-abaf8b8f-d8ec-4091-a8ff-c841a6d85e57