Madison Plaza

102 Madison Avenue Kent, WA 98032 157 Units
Madison Plaza

Investment Highlights

  • Newly Built Class A Property with Modern and High-Quality Construction
  • Units Feature Resort-Style Amenities
  • Property Tax Exemption
  • Located in Proximity to a Vibrant Employment Hub
  • Within 3 Miles of Kent-Des Moines Link Light Rail Station Opening in 2024.
  • Located in Desirable Kent Suburb - Prime Location

Property Description

THE MOGHAREBI GROUP is pleased to present the opportunity to acquire Madison Plaza, a premier, new construction 157-unit multifamily community, plus 1 ground-level, 1,232 square foot retail unit, located in the heart of Downtown Kent, Washington. Constructed in 2022 and currently in pre-lease-up phase, this property offers a wide array of studio, one-, and two-bedroom floorplans with high-end finishes including quartz countertops, luxury vinyl plank flooring, high-end soft close cabinetry, and stainless-steel energy-efficient appliances as well as an in-unit stackable washer / dryer. The community also offers numerous common area amenities including a resident lounge, controlled access parking garage, dual elevator access, fitness center, and a rooftop area with walking path, barbeque grill, lounge seating, and dog run with washing station. The property benefits from a property tax exemption for eight years and is subject to a ground lease with 99 years remaining. Madison Plaza is a premier, newly constructed asset located in the heart of a growing suburban commuter submarket in one of the nation’s most desirable metro areas.

102 Madison Avenue
Kent, WA 98032
Madison Plaza is well located in the heart of Downtown Kent and residents can enjoy the rooftop terrace with scenic views of Mt. Rainier and Mt. Baker as well as convenient access to the numerous restaurants, shops, services, parks, and entertainment just steps away in the surrounding neighborhood and the Kent Station development and train station a half-mile away. From Kent Station, residents can easily commute to the employment centers and entertainment options in Downtown Seattle within 20 minutes via the Sounder S line.

Listing Advisors

Robert Parmar

Senior Vice President

(206) 920-3055

WA Lic. #13800

Ryan Kidwell

Senior Vice President

(425) 260-6286

WA Lic. #24232

Alex Mogharebi


(909) 235-7888

CA Lic. #00627647

Otto Ozen

Executive Vice President

(909) 235-7886

CA Lic. #01030086

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