![]() ![]() ![]() For additional information, please visit. Marcus & Millichap closed 12,272 transactions in 2022, with a sales volume of approximately $86.3 billion. The company also offers market research, consulting and advisory services to clients. As of December 31, 2022, the company had 1,904 investment sales and financing professionals in 81 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offer customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. Select apartments have oversized laundry rooms and wood-burning fireplaces with brick mantels.Ībout Institutional Property Advisors (IPA) The property’s one-, two-, and three-bedroom apartments average 879 square feet. Additional amenities include a heated outdoor pool, walking trails, and a children’s playground. The property has a recently updated central clubhouse with a leasing office, lounge, and fitness center. Interstate 5, State Routes 167, 181, 509, and 516 are nearby.Ĭompleted in 1987, Waters Edge is a low-density community with meticulously maintained grounds and a private lake with walking trail. The Kent station of the Sounder commuter rail network, providing bus and rail service to Downtown Seattle, is within two miles of the property. The property’s central Puget Sound location places residents close to Downtown Seattle, Downtown Bellevue, Eastside, Renton, Kent Valley, and SEA International Airport. “Continued population growth, along with the high cost of a single-family home in South King County, supports the multifamily market in Kent, and in particular value-add assets like Waters Edge.” Napoli and IPA’s Philip Assouad, Nicholas Ruggiero, Ryan Harmon, and Anthony Palladino represented the seller, Jackson Square Properties, and procured the buyer, FPA Multifamily. “Over the past decade, Kent’s population has grown by 40%, which is nearly three times that of Seattle MSA’s 14% population growth for the same period,” said IPA executive director Giovanni Napoli. The property sold for $80 million, or $263,125 per unit. So, if you have any questions about the hoa, please contact them directly.Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI), announced today the sale of Waters Edge, a 304-unit multifamily asset located in The Lakes master-planned community, consisting of high-end waterfront single-family residences, condos, and apartments in Kent, Washington. Once you move into your community you may want to become an active board member and attend meetings, etc.Īlso, if you would like to add information to the Waters Edge homeowners association listing including school info, CCRs, rules & regulations, floorplans, board members, directors, property management phone numbers, websites, and photos please contact us to let us know.Īgain we are not affiliated with Waters Edge hoa/management company or any real estate agents. You may want to research the hoa documents, disclosures and neighbors if possible. Also, you may want to ask about any kind of hoa litigation or pending litigation because this may effect your decision to buy or not buy in the community. Are there any pet policies or restrictions in the community. Are there special assessments on the horizon for any repairs to roofs, community pool or other types of home/townhome/condo repairs? What are the types of insurance coverage included in the hoa fees/dues. ![]() What are the owner occupancy and/or rental restriction rules. High & High Schools) like in the area? What are the reserve funds and budgets for the hoa? What are the parking rules and policies for hoa occupants and guests. You may want to consider the following when buying or renting in an HOA community: What are the schools (Elementary, Jr. You should verify any info including what the HOA dues include. Waters Edge Homeowners AssociationĪny hoa information provided is subject to change by Waters Edge hoa and/or management company. The hoa policies can change with time for Waters Edge so if you see an error please contact us so we can fix it. Below you can find information for the homeowners association including HOA fee includes, community features and amenities. Waters Edge HOA is a community located in Frederica, DE (Kent County). ![]()
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