Property History
Property Type
Property Type
Asking Details
Asking Cap Rate
Marketing Description
The Arden Park Apartments were constructed in 1968 as 18 separately parceled duplexes totaling 36 units. It was constructed with a high level of design featuring spacious flats with vaulted ceilings (upper floors), full size washers and dryers, patios/decks and pitched composition roofs. At the center of the property is renovated clubhouse (currently used as a leasing office) and an outdoor pool.
Investment Highlights
- Directly East of the Kent Station Shopping Center and Sounder Train
- Walking distance to the core retail shopping area
- South King County is benefiting substantially from Seattle’s high cost of living, pushing tenants to move further from Seattle’s core
- Kent Valley’s industrial core and employment continues to expand from the efforts of Seattle growth
- All apartment units averaging 1,048 square feet
- Base rents have an additional 10-15% in upside
- Substantial capital improvements completed in the past two years
- New ductless heating and cooling system
- Corner lot consisting of 19 tax parcels
Loan History
Financial History
****** Data
Net Operating Income
Reporting Date
Tax History
Contact Information
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Ownership Information
Zoning
NR-4A ResidentialMulti FamilyNeighborhood Residential 4 A
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View all 52 uses
View all 52 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
Property Details
Contacts
Sold on
BY:
Jennifer Erickson
•••.•••.8880
••••ifer@••••••••••.com
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