Investment Highlights
- Value-Add Investment Opportunity: Significant rental upside through interior and common area renovations. Of the 120 units, 82 remain in classic condition and 38 have only received light upgrades.
- Large Floor Plans, Balanced Unit Mix: Thoughtfully designed one-, two-, and three-bedroom homes averaging ±916 square feet, featuring oversized windows, large decks or patios, and generous storage.
- Well-Maintained, Low-Density Community: Long-term private ownership has diligently maintained property & grounds. Low density community with sprawling lawns, mature landscaping, and walking trails.
- Easy Access to Major Employment Hubs: Centrally located from the main employment hubs of downtown Seattle, Bellevue, and the Eastside (25 to 35 minutes). Kent Valley, Renton, and Seattle-Tacoma International Airport are all within 15 minutes. The Sounder Commuter Train offers a convenient commute to downtown Seattle with Kent Station less than three miles from Easthill.
- Housing Affordability: The average single-family home price in Kent is $653,973, making homeownership over twice as expensive than renting at Easthill. 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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