Address Map
US
Washington
King
Kent
98031
108th Ave
20603
W123° 48' 8.9''
N47° 25' 2.6''
SE
Additional Information
Brian Platt
16910
997200
21,340 Sqft
54,450 Sqft
The Ridge at Panther Lake
Kent
2
98101
WA
Seattle
600 University St., Ste. 2018
Property Description

We are pleased to announce the exclusive listing of the Ridge at Panther Creek Apartments, a 22-unit value-add opportunity. The property features 22 nearly identical 2 bed/1.5 bath townhouse style units with full appliance packages that include a full size washer and dryer, dishwasher, and refrigerator. There are 5 buildings on one parcel and all 5 of the roofs were replaced in February of 2025. There are 44 parking spots in total with 37 carport spaces. Ownership has been consistently improving the property and handling deferred maintenance items over the last 12 months with the introduction of Guide Property Management. The property presents immediate operational upside due to expense load of nearly 50% of EGI. Four of the units have been renovated with LVP floor, quartz countertops,

For Sale

20603 108th Ave, Kent, Washington 98031

  • Square Footage: 21,340 Sqft
$4,795,000
Listing ID#695133
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Basic Details
Property Type : Multi-family
Listing Type : For Sale
Listing ID : 695133
Price : $4,795,000
Square Footage : 21,340 Sqft
Year Built : 1977
Status : Active
Office Name : Paragon Real Estate Advisors
Property Sub Type : Multi-family
BROKER INFO
Rene Orona
BROKER OF REAL ESTATE
BROKER OF REAL ESTATE
3380 146th PL SE Suite 300
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Paragon Real Estate Advisors