Prepared by https://www.commercialmls.com
Scenic Hill Apartments
127 Kensington Ave Kent WA 98030
Listing #: 708853 | Status: Available | Last Modified: 4/15/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 256,445 |
| Vacancy Factor % | 4.74% |
| Operating Expenses | 109,869 |
| Net Operating Income | 134,410 |
| CAP Rate | 5.53 % |
| 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 | 5.531 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 15 |
| # of Elevators | 0 |
| Clearance Height Min | 0 |
| Total Building SF | 10,140 SF |
| Net Rentable Area | 9,828 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 17,791 SF |
| Acres | 0.41 |
| Year Built | 1966 |
| Roof Type | Torch Down |
| Construction Type | Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | Kent |
| Tax ID # | 1922059191 |
| Zoning | NR-2 |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 19 |
| Total Parking Spots | 19 |
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
Scenic Hill Apartments
127 Kensington Ave Kent WA 98030
Listing #: 708853 | Status: Available | Listing Date: 2/19/2026 | Last Modified: 4/15/2026 | Email Listing
For Sale
Scenic Hill Apartments
