Carmel Partners

Axis Grand & Altamonte

421 Unit Renovation in Seattle Area

Region: Seattle
Address: 510 Stevens Way SE, Renton, WA 98057
Strategy: Renovation
Status: Sold
Acquisition Date: 04/19/2004
Units: 421

Renovated residential community features a scenic Lake Washington setting conveniently close to downtown Seattle.

Axis Grand Apartments and Altamont Condominiums is a 421-unit community located in the southwest section of Renton. The property is within walking distance to Downtown Renton, 11 miles from Downtown Seattle, and in close proximity to the major transportation arteries in the Seattle Metropolitan area. Residents enjoy easy access to plentiful shopping, dining, and entertainment, as well as thriving local employers, including Boeing, Wal-Mart, Providence Health, Honeywell, IKEA, and more. Hero 2 - Axis Grand & Altamont The property was developed in two phases and is surrounded by serene, lush landscaping and mature trees. Axis Grand Apartments, built in 1988, consists of 357 units in 17 three- and four-story buildings. Altamont Condominiums consists of 64 units in two four-story buildings that are serviced by elevators. These units were originally built in 1983 and mapped as condominiums, but have been operated as rental units. Hero 3 - Axis Grand & Altamont Spacious units feature European-style kitchens with stainless steel appliances, in-unit washers and dryers, ceiling fans, and patios or balconies with extra storage. Select homes include wood-burning fireplaces, walk-in closets, and vaulted ceilings. Community amenities include two sparkling outdoor swimming pools, indoor and outdoor hot tubs, a sauna, clubhouse with game room, business center, fitness center, children’s playground, BBQ and picnic areas, basketball and pickle ball courts, and covered parking. Gallery 3 - Axis Grand & Altamont