Retreat at Maple Hill

Federal Way, WA 98023

We purchased this property as an REO from GE Capital and did a complete renovation. The area improved significantly as the city improved the surface streets on both sides of the property. After a major renovation and upgrade to the property the objective is to refinance or sell the asset in order to maximize returns to investors. The property was rebranded as Retreat at Maple Hill from the previous name St Croix, in an effort to improve the image to potential tenants.

The property consists of 37, two story buildings of wood frame construction and vertically-scored wood siding. Community amenities include two swimming pools, an indoor Jacuzzi, two saunas, two tanning beds, a playground and seven barbecue areas with built-in grills. The property also features an exercise/fitness center, tennis courts, garages, carports, a business center and a clubhouse. Each unit is individually metered and each unit has individual water heaters.