Investment Highlights
- Attractive Physical Plant: Low-density, well-maintained community situated on just over eight acres. Built in 1991, Plum Tree Park features spacious one- and two-bedroom floor plans averaging ±865 SF.
- Value-Add Opportunity: Nearly all units maintain classic finishes, presenting a true value-add investment opportunity. Enhancements to common areas and amenities can further add value.
- Centralized Location: Nestled between Seattle and Bellevue, Plum Tree Park's strategic location offers easy access to Interstate 5 and 405 and State Routes 167, 900, 518, 169, 599 and 99.
- Easy Access to Major Employment Centers: Within 10 – 20 minutes of Seattle CBD, Bellevue, Kent Valley, and SeaTac employers. Major employers nearby include Alaska Airlines, Amazon, Blue Origin, Boeing, FAA, Microsoft, Valley Medical Center, Paccar, T-Mobile, and others.
- Housing Affordability: With the average Renton home priced at nearly $800K, homeownership remains significantly more expensive than renting at Plum Tree Park. Amid rising interest rates and limited for-sale housing supply, rental living continues to offer a more accessible option for residents.
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