Kent Prairie Estates Homes with Very Good Building Condition

Kent Prairie Estates Homes with Very Good Building Condition

Welcome to Kent Prairie Estates, a hidden gem nestled in the heart of Arlington, Washington. This charming subdivision, located in the picturesque Snohomish County, offers a perfect blend of tranquility and modern living, making it an ideal place to call home.

Kent Prairie Estates boasts an array of beautifully designed homes, each with a very good building condition, ensuring that residents enjoy both comfort and durability. The meticulous attention to detail in construction and design reflects the pride of ownership that permeates this community. Whether you’re seeking a cozy family home or a spacious retreat, Kent Prairie Estates has something to suit every lifestyle.

Surrounded by stunning natural landscapes, residents can enjoy the serene beauty of the Pacific Northwest. The area is dotted with lush greenery, and nearby parks offer ample opportunities for outdoor activities, from hiking and biking to picnicking and birdwatching. The community is also conveniently located near local amenities, including shopping, dining, and schools, ensuring that everything you need is just a stone's throw away.

Arlington itself is a vibrant city with a rich history and a welcoming atmosphere. The community spirit is strong here, with various events and gatherings that foster connections among neighbors. Whether you’re a first-time homebuyer or looking to settle down in a peaceful environment, Kent Prairie Estates is a wonderful place to create lasting memories.

Discover the charm and comfort of Kent Prairie Estates, where your dream home awaits amidst the stunning backdrop of Washington State’s natural beauty. Come and experience the perfect blend of community, comfort, and convenience!

Newest Kent Prairie Estates Homes with Very Good Building Condition

$7,300,000
2505434 MLS ⋅ ACTIVE Status
Portage Creek Apartments is a well-maintained 28-unit property located in Arlington, offering investors immediate rent growth with minimal execution risk. It has benefited from significant capital improvements, with 24/28 units already renovated featuring updated flooring, paint, cabinets, and CT. In addition, the exterior has been recently repainted, enhancing curb appeal and reinforcing the asset’s strong physical condition. Despite these upgrades, in-place rents remain below market, providing a clear opportunity to increase revenue without the need for further interior renovations. All units include in-unit W/D and feature large floor plans averaging 1,009 SF, a compelling differentiator in the local rental market. The unit mix is further enhanced by value-added amenities, including several units with attached garages and a total of 14 garages on site, 2 of which are currently utilized by ownership and offer immediate incremental income potential. Most units also feature expansive private decks, adding an outdoor living space that supports tenant retention and higher market rents. With a strong renovation base already in place, investors can focus on mark-to-market rent growth, selective completion of remaining upgrades if desired, and long-term optionality through future redevelopment potential via the excess parking area. Collectively, these attributes position the property as a high-quality asset with multiple, low-friction avenues for income growth and appreciation.

21125 81st Street NE, Arlington

Listing courtesy of Northmarq Multifamily, LLC.

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