Property Details

Built in 1986 by the original developer, the property is being offered for sale for the first time, presenting a rare opportunity to acquire a well-maintained legacy asset with pride of ownership evident throughout. 108 Kensington S offers investors stable day-one cash flow, supported by in-unit washer and dryer in every unit, a highly desirable amenity that drives tenant retention and consistent rental demand. The property features a highly functional unit mix of one-bedroom and two-bedroom apartments, catering to a broad tenant base with practical layouts and comfortable living spaces that position the asset competitively within the Kent rental market. New ownership can benefit from proven operations while continuing to capture upside through rent optimization and streamlined management. Constructed with a durable, low-maintenance design, the asset requires limited capital expenditure, making it an attractive option for investors seeking long-term stability. First-time market offerings of this nature are increasingly rare, particularly in supply-constrained submarkets like Kent. Strategically located in the Kent Valley, one of South King County’s most connected and economically active submarkets, the property benefits from immediate access to State Routes 167 and 516, providing seamless connectivity to Interstate 5, Seattle-Tacoma International Airport, and the greater Puget Sound region. Residents enjoy close proximity to Kent Station, the Sounder Train Station, and the ShoWare Center, offering convenient access to retail, dining, entertainment, and commuter transit, along with nearby parks and recreational amenities that enhance overall livability. As a major employment hub in the Pacific Northwest, the Kent Valley is home to over 12,000 businesses and a strong concentration of industrial and aerospace jobs. Major employers including Boeing, Amazon, Blue Origin, and REI continue to drive population growth and rental demand. With direct rail service to both Seattle and Tacoma, 108 Kensington S is well-positioned to attract residents seeking affordability, accessibility, and proximity to major employment centers.