Built in 1968 and renovated across 2020-2025, including the addition of a one-bedroom unit in 2024; ownership has transformed all units with stainless steel appliances, flat surface countertops, vinyl plank flooring throughout, and double-paned windows.

Strategically positioned just outside of Renton’s downtown core and less than two miles from the area’s largest employers including Boeing, PACCAR, and Providence Health.

Renton’s 35% discount to the cost of living in Seattle coupled with access to major employment has delivered a 3.4% effective annual rent increase; average household income in the city will reach a projected $134,871 by year end.

Boasting a 1.14:1 parking ratio, the property features 18 dedicated surface spaces and six tuck-under garages that generate over $12,000 annually in additional revenue.

Ownership has completed recent capital improvements including full exterior repainting, $30,000 in upgrades to decking, railings, and walkways, hot water heater replacements, washer/dryer hookup installations, courtyard landscaping, and electrical feeder panel replacements.

Through Q1 2026, Seattle’s metro has experienced substantial wage growth of 4.2% year-over-year, outpacing the 2.7% rate of inflation over the same period.

Relative affordability continues to attract residents priced out of more expensive Seattle region markets, driving positive annual net apartment absorption in eight out of the last 10 years.