![]() In its investments, Decron focuses on opportunities that are supported by job creation, supply and demand imbalance and strong public schools - all of which are found not just in Kent, but throughout the greater Puget Sound. At the end of 2017, Decron posted revenues of $190 million. Avana is the result of several years of due diligence by our investment team to understand the nuances of the market.”Ĭurrently, Decron owns close to 7,500 apartment units in California and is one of the largest privately-owned real estate firms in the state. “In addition, our concerns about the current regulatory environment in California heightened our focus on investing outside of our home state. Indigo Springs 11101 SE 208th St, Kent, WA 98031 (148 Reviews) 1,682 - 2,653/mo Share Feedback Write a Review Leave a Video Review New View Community Timeline Floor Plans & Pricing All (19) 1 Bed (6) 2 Beds (8) 3 Beds (5) 1 Bedroom isA3DR 1 Bed, 1 Bath 850 sq. “Seattle and its submarkets are a significant job creator market that benefits from a cluster of major employers with long-term growth prospects,” said Decron’s Chief Financial Officer Daniel Nagel at the time of the transaction. In a statement at the end of 2018, the company indicated in a release that it has plans to invest about $400 million in the Seattle market over the course of the next three years. The 56-acre community was originally constructed in 1988, and then was expanded in 1999. Like Indigo Springs, the apartment complex features a mix of one, two- and three-bedroom units and numerous amenities such as tennis courts, an indoor movie theater and a barbecue area. The transaction comes almost a year after Decron Properties entered the Seattle market with the acquisition of Avana 522 in November of 2018. In what marked one of the largest multifamily transactions of the year, Decron acquired the 558-unit property for $173 million, or about $310,000 per unit. Community amenities include a pool and spa, basketball court, new clubhouse and fitness center. The units themselves feature glass-style backsplashes, balconies and patio and upscale flooring. Neighborhood shopping centers anchored by retailers such as Safeway, Starbucks and Firestarter Bar and Grill and Dollar Tree are also nearby. The property is located 20 miles from central Seattle and attractions such as MoPOP and the Seattle Art Museum. Located at 11101 SE 208th St., the complex features a mix of one-, two- and three-bedroom apartments that range from about $1,336 to $1,910 per month, according to Decron’s website. The three-story, 302-unit complex sold for just under $261,000 per unit. In a transaction that closed on September 11th, Decron purchased the Indigo Springs Apartments for $78.8 million from Beverley Hills, Calif.-based Kennedy Wilson. Contact us today to learn more about life at our beautiful apartments in Kent, WA.Los Angeles-based Decron Properties is continuing its expansion into the Puget Sound region with the acquisition of another multifamily property in Kent, Wash. Indigo Springs has rentals available ranging from 712-1230 sq ft. We found 66 addresses and 68 properties on 46th Avenue in Kent, WA. Of course, our central location also makes it easy to head into the city for a fun day out. Find apartments for rent at Indigo Springs from 1678 at 11101 SE 208th St in Kent, WA. Marina Walk Apartments, 3680 46th Avenue South, St. With an abundance of local dining and entertainment options, you’ll have everything you need just minutes from your front door. On-site maintenance and management teams ensure your every need is met, and our convenient garage eliminates the stress of finding a place to park. You might even play some basketball at our outdoor court before you make your way back inside. Catch up with friends in the clubhouse or head out to the pool with your favorite book and a glass of lemonade. Our inviting community boasts plenty of amenities for you to enjoy as well. Cozy up next to the fireplace in your pet-friendly one, two, or three bedroom home or head out onto your private balcony to take in the peaceful surroundings. With our convenient location just outside Seattle and Tacoma, Indigo Springs places you within reach of these major cities while enjoying the beauty of Kent. Come Home to a Spacious Apartment in Kent ![]()
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