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10811 Southeast 239th Place

Updated Oct 14, 2026

Sam Eisenman Of Trinity Property Consultants Acquires 366-Unit Apartment Complex In Kent For $72M
SOLDMultiFamily

Sam Eisenman Of Trinity Property Consultants Acquires 366-Unit Apartment Complex In Kent For $72M

10811 Southeast 239th Place

$72,000,000

Units

366

Asset Type

MultiFamily

Closing

Oct 5, 2026

About this deal

AI

The asset involved in this transaction is a multi-family apartment complex located at 10811 Southeast 239th Place in Kent, WA. The property comprises 366 units, and it was sold for a total price of $72,000,000, resulting in a price per unit of $196,721.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $72,000,000
  • Units: 366
  • Price Per Unit: $196,721
  • Buyer: Sam Eisenman - Trinity Property Consultants
  • Seller: RISE Properties Trust
  • Sale Date: 10/05/2026
  • Market: Kent, WA

The buyer of the property, Sam Eisenman, represents Trinity Property Consultants in this transaction, while RISE Properties Trust is identified as the seller. The transaction highlights the involvement of key parties in the acquisition of the Groves, emphasizing their roles in the sale process.

On the Map

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$72,000,000

MultiFamily

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Players

Sam Eisenman

Trinity Property Consultants

Buyer

$325.1M

vol

5 deals

Buyer
RT
RISE Properties TrustSeller

Kent MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Deal FAQ

About $196.7K per unit across 366 units on a published $72M (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.22%

Cash-on-Cash

-0.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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