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$ 2,475,000
Est. payment /mo
Active
811 8th AVE W Kalispell, MT 59901
15,208 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 15,208 sqft
Price per Sqft $162
MLS Listing ID 30049611
Style Other
HOA Y/N No
Year Built 1977
Annual Tax Amount $25,096
Tax Year 2024
Lot Size 0.652 Acres
Acres 0.652
Property Sub-Type Apartment
Property Description
Turnkey Multi-Family Investment – 811 & 821 8th Avenue and 728 8th St. West - Kalispell, MT
This fully leased 17-unit investment property offers immediate cash flow and long-term upside in the growing Kalispell market. The property includes two well-maintained 8-plex apartment buildings along with a standalone single-family residence. Each of the 16 apartment units features 2 bedrooms, 1 bathroom, and over 750 square feet of living space. The single-family home includes 2 bedrooms, 1 bathroom, and 1,144 square feet.
With a proforma cap rate of 6.6% and solid rental history, this asset is ideal for investors seeking stability in an established residential neighborhood. Financial statements are available upon request with a signed non-disclosure agreement.
A rare opportunity to acquire a fully occupied, multi-building rental property in the heart of the Flathead Valley.
*Property is being sold as is.
This fully leased 17-unit investment property offers immediate cash flow and long-term upside in the growing Kalispell market. The property includes two well-maintained 8-plex apartment buildings along with a standalone single-family residence. Each of the 16 apartment units features 2 bedrooms, 1 bathroom, and over 750 square feet of living space. The single-family home includes 2 bedrooms, 1 bathroom, and 1,144 square feet.
With a proforma cap rate of 6.6% and solid rental history, this asset is ideal for investors seeking stability in an established residential neighborhood. Financial statements are available upon request with a signed non-disclosure agreement.
A rare opportunity to acquire a fully occupied, multi-building rental property in the heart of the Flathead Valley.
*Property is being sold as is.
Location
State MT
County Flathead
Interior
Interior Features InteriorFeatures
Heating Forced Air, Gas
Fireplace No
Exterior
Carport Spaces 16
Water Access Desc Public
Garage No
Building
Foundation Poured
Sewer Public Sewer
Water Public
Architectural Style Other
New Construction No
Others
Senior Community No
Tax ID 07396618312090000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Listed by Eagen Real Estate