Hidden Villa Apartments

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On the Market

Price: $4,000,000

Offer Review Date: To be Announced

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Site Details

ADDRESS

11645 SE 208th St

CITY

Kent

YEAR BUILT

1967

TOTAL UNITS

AVG. UNIT SIZE

825 SF

NET RENTABLE SF

23,100 SF

LAUNDRY

Private

LAND SIZE

56 Stalls

NO. OF PARCELS

Unit Mix

2x1

28 (Avg. 829 SF)

Opportunity

28-Unit Value-Add Opportunity

Rental Income Upside through Interior Renovations.

Conveniently Located with Access to Kent Valley’s Thriving Industrial Hub

Day 1 management upside. Currently operating at a 62% expense load.

Increase rental income 26% through new lease tradeouts and completing unit renovations.

Ideal Unit Mix: All 2 Bed / 1 Bath Units with full size washer and dryer.

Location

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on the market

Hidden Villa Apartments

11645 SE 208th St
Kent, WA 98031
Units: 28
Price: $4,000,000

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About the Area

Kent’s economy thrives with global aerospace leaders & key logistics partners fueling its growth.

Kent is a rapidly growing city located in the heart of the Puget Sound region, approximately 20 miles south of Seattle. As the sixth-largest city in the state, Kent is a dynamic economic and industrial hub, known for its strong manufacturing, distribution, and logistics sectors.

Kent has a robust and diversified economy, with a strong presence in aerospace, advanced manufacturing, and technology. Major employers include Blue Origin, Boeing, Amazon, and REI, along with numerous logistics and distribution companies leveraging Kent’s strategic location near major highways, rail lines, and the Port of Seattle. The city’s Kent Valley Industrial District is one of the largest manufacturing and distribution centers on the West Coast, attracting businesses seeking costeffective alternatives to Seattle.

Kent boasts a high quality of life with diverse cultural attractions, parks, and recreational opportunities. The city is home to Kent Station, a popular retail and entertainment district, and ShoWare Center, which hosts sporting events and concerts. Outdoor enthusiasts enjoy access to the Green River Trail and Lake Meridian.