Meridian Garden

Berkadia Seattle Investment Sales is pleased to announce it has been retained as the exclusive listing broker for Meridian Garden in Kent, WA. 

Meridian Garden is a boutique 80‑unit apartment community that presents a compelling value-add opportunity for new ownership to capitalize on the property’s solid fundamentals and renovation upside. With a true blank-slate interior and common area renovation program, the asset allows investors to implement a tailored upgrade strategy to capture demand for quality housing in a highly desirable South Sound location. 

Positioned near Meridian Valley Country Club, Meridian Garden is surrounded by strong single-family fundamentals, with average home values within a one‑mile radius exceeding $825,000 and nearby new construction communities pricing homes at nearly $1.5 million. Average household income within a one‑mile radius is nearly $200,000—well above the Seattle MSA average of approximately $170,000—highlighting the area’s affluent resident base. This income and home value profile creates a favorable dynamic in which renting at Meridian Garden offers a significant discount to the average cost of homeownership in the immediate area. 

The property is strategically positioned near major regional employers in the Kent Valley, including Boeing, Blue Origin, and REI, and offers drivable commutes to the key employment centers of Seattle and the Eastside, which are approximately 15 miles away. The Sounder train at Kent Station—located just over three miles away—offers additional commuting options and further strengthens the asset’s positioning within the broader Puget Sound employment corridor.