128 E Evergreen Drive,Kalispell, MT 59901
Kalispell, MT 59901
Description
Stabilized 45-Unit Multifamily Investment in Kalispell, Montana |Offered at $10,450,000 | 100% Occupancy | 6.32% Cap Rate | An exceptional opportunity to acquire a high-performing, stabilized 45-unit apartment community in the thriving market of Kalispell, Montana. With a current occupancy of 100% and a solid 6.32% cap rate, this asset offers immediate income and long-term value in a region known for strong rental demand and economic growth. The property features a desirable mix of studio, one-bedroom, and two-bedroom units, designed to attract a diverse tenant base. Each unit offers functional layouts and well-maintained interiors, with professional management in place to ensure smooth operations. A compelling opportunity for both seasoned investors and new entrants to the multifamily market.
Details
| MLS # | 30065468 |
|---|---|
| Listing Type | For Sale |
| Building Name | Kalispell Lofts |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 2023 |
| Days On Site | 187 |
| Listing Provided By | Silvercreek Realty Group LLC - MT | James W Williamson |
Features
| SQ Feet | 26,631 |
|---|---|
| Units | 45 |
| Zoning | Business |
| Acreage | 1.56 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 54313.66 |
|---|
Area Information
| State | MT |
|---|---|
| County | Flathead |
| City | Kalispell |
| Zip Code | 59901 |
| Listing VS Median (in 59901) | |
Price: $10,450,000 low | high Med: $675,000 sqft: 26,631 low | high Med: 2,835 $ / sqft: $392 low | high Med: $247 On site: 187 low | high Med: 217 | |
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Learn More About This Property
| State | MT |
|---|---|
| County | Flathead |
| City | Kalispell |
| Zip Code | 59901 |
| Listing VS Median (in 59901) | |
Price: $10,450,000 low | high Med: $675,000 sqft: 26,631 low | high Med: 2,835 $ / sqft: $392 low | high Med: $247 On site: 187 low | high Med: 217 | |