127 Kensington Ave
Kent WA 98030
Scenic Hill Apartments
127 Kensington Ave Kent WA 98030
Listing #: 708853 | Status: Available | Last Modified: 4/15/2026 |
For Sale
- Phone:(425) 623-5616
- Email:ryan@westlakeassociates.com
- Office Name:Westlake Associates, Inc.
- Office Phone:(206) 505-9400
- Office Website:
- Agent Phone:(425) 233-1289
- Agent Email:sid@westlakeassociates.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,650,000.0
- $/SF$ 269.6
- $/Unit$ 2,650,000.0
- Listing StatusAvailable
- Days on Market70
- Asset ClassMulti-Family
- Terms
- Investment Type
- Investment PropYes
- Gross Income256,445
- Vacancy Factor %4.74%
- Operating Expenses109,869
- Net Operating Income134,410
- CAP Rate 5.53 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- CAP Rate 5.53 %
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units15
- # of Elevators0
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF10140
- Net Rentable Area9828
- Total Office SF
- Largest Contiguous SF
- Lot SF17791
- Acres0.41
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building ClassB
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaKent
- Tax ID #1922059191
- Additional Parcels
- ZoningNR-2
- # Covered Spaces0
- # Uncovered Spaces19
- Total Parking Spots19
- Parking Ratio
- Year Built1966
- Year Renovated
- Completion Date
- Roof TypeTorch Down
- Construction TypeWood
Scenic Hill | Kent 15-Unit For Sale
Originally constructed in 1966, the Scenic Hill Apartments is a fifteen-unit apartment community located in the heart of Kent. Located at 127 Kensington Ave S, the property is just minutes from Kent Station’s restaurants, retail, transit, and lifestyle amenities, providing daily convenience and rental durability. The Scenic Hill Apartments consists of six one-bedroom units, eight two-bedroom units, and one three-bedroom unit, originally built in 1966. Units feature efficient layouts and functional floorplans, with strong potential for modernization through interior renovations. Additionally, the property features 17 on-site parking spaces and on-site laundry – both highly desirable amenities for tenants. At the current pricing, Scenic Hill provides an investor with a 5.53% in-place CAP r
