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CBRE
CBRE
CBRE
Property Details
- Property Type Multi-Family
- Property Size 33,606 SF
- Units 45
- Lot Size 49,300 SF
- Date Updated Oct 14, 2026
Highlights
Within walking distance of Tukwila International Blvd light rail station
20 Private Garages
Quick access to I-5, 405, and Hwy 509
Minutes from SEA Airport and the Kent Valley industrial spine
Beautiful Central Courtyard
Overview
The asset consists of 35 one-bedroom and 10 two-bedroom units, averaging 747 square feet each. In-place rents are roughly 10% below market, offering a clear path to increased revenue. Additionally, the property includes at least 35 unmonetized storage units. Community improvements include 20 private garages, a central courtyard, updated electrical panels, and new pitched composition roofs, which minimize near-term capital expenditures.
Location Description
The community is within walking distance of the Tukwila International Boulevard light rail station, providing direct transit to Seattle. Quick access to I-5, I-405, and SR 509 connects residents to SEA Airport and the Kent Valley industrial corridor. Across the street, the Tukwila Village revitalization project features restaurants, open space, a library, and a community pool. With a basis below replacement cost and minimal new competing supply, Colonial Garden offers stable income and long-term upside potential.
Reach out to the broker for more info on lease terms and amenities
Getting around
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66/100
Walk Score ®
-
56/100
Transit Score ®
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49/100
Bike Score ®
Location
- City Tukwila, WA
- Zip Code 98168
- Market Seattle
Points of Interest
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Tukwila International Boulevard
0.67 miles
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Uber Pickup Zone
1.69 miles
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N Gates
1.91 miles
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C Gates
2.07 miles
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Capital Aeroporter Airport Shuttle
2.19 miles
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A Gates
2.31 miles
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B Gates
2.39 miles
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S Gates
2.52 miles
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Rainier Beach
3.39 miles
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Kent
6.70 miles
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Chevron
0.09 miles
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Shell
0.15 miles
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Arco
0.57 miles
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Alliance Auto Gas
0.92 miles
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Pacific Pride
1.02 miles
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76
1.06 miles
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Fuelman
1.10 miles
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Texaco
1.26 miles
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Blink
1.56 miles
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eVgo
1.73 miles
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Church By the Side of the Road Park & Ride
0.23 miles
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Tukwila International Boulevard Station Parking
0.63 miles
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ShuttlePark 2
0.88 miles
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Port of Seattle Employee Parking
0.92 miles
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Seatac Rental Car Facility
0.93 miles
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Visitor Parking
0.98 miles
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Tukwila Park & Ride
1.01 miles
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TNC Staging Lot
1.06 miles
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MPark
1.12 miles
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Extra Car Parking
1.15 miles
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Jet Inn Motel
0.17 miles
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Knight Inn
0.26 miles
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Econo Lodge Seatac Airport
0.37 miles
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Ramada Inn
0.40 miles
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Super 8 by Wyndham SeaTac Airport
1.01 miles
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Extended Stay America
1.02 miles
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Days Inn - Seattle South/Tukwila
1.16 miles
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Motel 6 Seattle Airport
1.30 miles
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Ramada
1.51 miles
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Interurban Suites Hotel
1.56 miles
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Saar's Super Saver Foods
0.06 miles
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Safeway
1.27 miles
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757 Market
1.36 miles
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Nordstrom
1.56 miles
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Macy's Backstage
1.62 miles
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Macy's
1.62 miles
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Sears
1.64 miles
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Westfield Southcenter
1.68 miles
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JCPenney
1.78 miles
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Luciana's Market
1.83 miles