LISTING DETAILS

Green Tree Court

720 Washington Ave N Kent WA 98032

Listing #: 685691 | Status: Available | Last Modified: 11/8/2024

Showing Instructions
Call Listing Agent	No
Use Discretion	No

Investment Information
Investment Prop	Yes
Gross Income	274,090
Vacancy Factor %	5.00%
Operating Expenses	95,351
Net Operating Income	165,034
CAP Rate	5.67 %

Detail Listing Information
Min Total SF	0 SF
Max Total SF	0 SF
Lease Rate Low	$ 0.00
Lease Rate High	$ 0.00

Retail Information
Signage	Signage on Building and Freestanding

Financial Summary
CAP Rate	5.674

Building Information
Building Status	Existing
# of Buildings	2
# of Floors	2
# of Units	17
Total Building SF	8,775 SF
Net Rentable Area	8,631 SF
Total Office SF	0 SF
Largest Contiguous SF	0 SF
Lot SF	20,473 SF
Acres	0.47
Year Built	1968
Construction Type	Wood

Property Type
Property Type	Multi-Family
Investment	Yes

Location
County	King
Vicinity	Kent
Market Area	Kent
Tax ID #	3832000218
Zoning	MR-M

Parking Information
#Covered Spaces	0
# Uncovered Spaces	17
Total Parking Spots	17

Green Tree Court

Public Comments

CBRE and Paragon Real Estate Advisors proudly present the opportunity to acquire the Green Tree Court Apartments, a 17-unit value-add property located near dynamic downtown Kent, WA. This two-story, garden-style community is comprised of 15 - 1BD/1BA and 2 - 2BD/1BA units. The property is conveniently located less than 1 mile from the Kent Station retail mall and commuter rail. Built in 1968, the property has been well-maintained with recent improvements consisting of a new mansard roof, new doors and windows, and new exterior paint. In addition, 9 of the 17 units have undergone recent renovations, including new kitchen cabinets and quartz countertops, new solid surface flooring, upgraded appliances

Green Tree Court
720 Washington Ave N Kent WA 98032

Listing #: 685691 | Status: Available | Listing Date: 8/21/2024 | Last Modified: 11/8/2024 | Email Listing

For Sale

Green Tree Court

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