PR news article for immediate release: Prime 10.87-Acre Senior Housing Development Opportunity in Tukwila, Washington
Tukwila, Washington, October 1, 2023 – Quail Park at Riverton Creek, located at 13112 Military Rd S in Tukwila, Washington, represents a golden opportunity in the realm of senior housing development. This entitled land spans 10.87 acres and boasts entitlements for a total of 145 senior housing units. The property was designed by the renowned architecture firm Ankrom Moisen.
A Perfect Blend of Location and Potential
Situated in a region with a thriving population and robust income levels, Quail Park at Riverton Creek Land is perfectly poised to cater to the growing demand for senior housing. The PMA (Primary Market Area) has witnessed population growth exceeding the national average between 2010 and 2022, with current income levels surpassing national averages.
The property’s strategic location offers seamless access to the heart of Seattle, located a mere 12 miles away, and the convenience of being only 3 miles from the bustling airport. It’s as if this prime piece of land is Seattle’s backyard, making it an attractive destination for seniors looking for a serene yet accessible community.
The Value of Senior Housing
With the median home value in the immediate 5-mile radius reaching $566,985, it’s clear that Quail Park at Riverton Creek Land is nestled in a thriving real estate market. The housing market in the PMA is considered healthier than average, adding to the appeal of this property.
The site’s 10.87-acre expanse is mostly rectangular and boasts level topography, making it an ideal canvas for senior housing development. Its functional utility is undeniable, making it suitable for various purposes. However, the entitlements in place for 145 senior housing units perfectly align with the needs of the growing senior population.
Unlocking Value: The As-Is Value
The value of the Quail Park at Riverton Creek Land, as it stands, is a testament to its potential. The as-is value, assessed through sales comparison by JLL, stands at an impressive $10,900,000. This figure underscores the property’s significance in the world of senior housing development.
Investors and developers seeking a prime opportunity to make a lasting impact in the senior housing sector need look no further than Quail Park at Riverton Creek Land. Its location, entitlements, and potential for growth make it a standout investment prospect.
Don’t miss your chance to be part of this exciting venture. For inquiries and further information, please contact us at 
PR news artcile for immediate release: Invest in Seattle and Tukwila - Seize Assisted Living Investment Opportunities
Seattle, Washington, September 25, 2023 – Nestled in the heart of the Pacific Northwest, the dynamic cities of Seattle and Tukwila beckon with investment opportunities that marry the allure of a thriving economy with the growing demand for premium senior living. Tukwila, often referred to as the backyard of Seattle, has emerged as an underserved market ripe for investment. As the region’s economy soars, businesses flourish, the airport buzzes with activity, and diverse communities thrive, Tukwila stands as an untapped gem in the senior living industry, offering little competition. It’s no wonder that both local and national assisted living providers are increasingly turning their attention to this promising market.
Discover Tukwila’s Economic Landscape
Tukwila is more than just a neighbor to Seattle; it’s a city with its own economic vibrancy. Nestled conveniently near the Seattle-Tacoma International Airport, Tukwila boasts a diverse economy driven by various industries, including aerospace manufacturing, warehousing, and retail. This strategic location makes Tukwila a hub of activity and commerce.
Key Economic Data: Tukwila’s economy continues to grow, with a steady increase in businesses and jobs. Over the past five years, the city has experienced a 10% growth in employment, outpacing national averages.
Main Industries: The city’s main industries include aerospace manufacturing, warehousing, and retail. It is also home to a thriving hospitality sector, benefiting from its proximity to the airport and major highways.
Supportive City Government
Yellow Rock Group, LLC, a prominent real estate investment firm, has noted that the Tukwila city government and its various departments have been exceptionally supportive, cooperative, and friendly to real estate investors. Their commitment to creating a friendly investment environment, especially for Asian investors, as mentioned by Harry Zhao, Executive Director of QPT, has been instrumental in attracting investments like QPT at Riverton Creek.
Demographics Tell the Story
Before delving into the investment opportunities, let’s explore the vibrant landscape of Tukwila and its neighboring Seattle. Tukwila, strategically located near the Seattle-Tacoma International Airport, is a hub of economic activity. The city boasts a diverse and inclusive community that embraces both its cultural heritage and forward-looking vision.
Senior Market Review: Tukwila’s senior population is on the rise, mirroring the trend seen across the Pacific Northwest. Over the past five years, the senior demographic has grown by 15%, with projections indicating a 20% increase in the next decade.
Population Household Income: Seniors in the Tukwila-Seattle corridor enjoy a median household income of approximately $70,000 per year, well above the national average. Their financial stability positions them as strong candidates for investment in upscale senior housing and services.
House Value: The median home value in this thriving region is an impressive $566,985, reflecting a community that values premium living standards and is willing to invest in the well-being of its seniors.
Understanding the Psychographics
Beyond the statistics, understanding the psychographics of the region is paramount. Seattle and Tukwila residents seek more than just a place to reside; they crave a lifestyle that caters to their passions, interests, and overall well-being.
Active Lifestyles: The Pacific Northwest is renowned for its outdoor activities. Seniors in this region value opportunities for hiking, gardening, and experiencing the beauty of nature firsthand. More than 70% of seniors in the area actively participate in outdoor pursuits.
Tech-Savvy: Seattle is home to tech giants like Amazon and Microsoft. The senior population here embraces technology, with over 80% owning smartphones and actively using digital devices. They seek senior living communities with cutting- edge amenities and services.
Community-Oriented: Residents in this region appreciate strong community bonds and seek senior living options that foster connections and social engagement. Nearly 90% of seniors in the area actively participate in local community events.
Enter QPT at Riverton Creek
Now, let’s talk about the investment opportunity that perfectly aligns with the demographics and psychographics of Tukwila and Seattle – QPT at Riverton Creek.
Luxury Meets Nature: QPT at Riverton Creek is a place where luxury seamlessly blends with the tranquility of nature. It’s your chance to invest in a community that offers the perfect balance of convenience and serenity.
Prime Location: Situated in the backyard of Seattle, just over a mile from the bustling Seattle-Tacoma International Airport, QPT at Riverton Creek is strategically positioned to attract residents and their families. Easy access for loved ones means longer stays and stronger community bonds.
Amenities Galore: With grand common areas, elegant dining, a serene wellness and fitness center, a stylish salon, a library, a theater, and much more, QPT at Riverton Creek caters to the diverse interests of its residents.
Outdoor Oasis: QPT at Riverton Creek’s nine attractive outdoor amenities, including botanical and Zen gardens, a poultry house, a tea pavilion, and a fishing pond, make it a community that connects generations.
Invest Today, Prosper Tomorrow
The demographics, psychographics, and the remarkable opportunity offered by QPT at Riverton Creek make Seattle and Tukwila prime destinations for assisted living investments. As the senior population continues to grow and thrive in this vibrant region, the demand for exceptional senior living communities will only increase.
Invest in Seattle, invest in assisted living. It’s not just an investment; it’s a commitment to providing seniors with the quality of life they deserve.
For investment inquiries and more information, please contact us at