10031 SE 258th Place Kent, WA 98030

• Purchase Price: $20,000,000
• Renovation Budget: $1,464,000
• Proforma CAP Year 2: 6.61%
• Proforma Avg 5 Year COC: 11.6%
• Currently Holding Asset

This 81 unit 3-bedroom townhome community with attached garages was purchased in 2017. Arterra benefits from limited competing supply, supporting a strong long-term investment strategy. Extensive interior and exterior renovations have been completed, with rents exceeding projections and a continued focus on maximizing NOI and long-term cash flow growth.