128 E Evergreen DR Kalispell, MT 59901
26,631 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 26,631 sqft
Price per Sqft $392
MLS Listing ID 30065468
Style Modern
HOA Y/N No
Year Built 2023
Annual Tax Amount $54,313
Tax Year 2025
Lot Size 1.560 Acres
Acres 1.56
Property Sub-Type Apartment
Property Description
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.
Location
State MT
County Flathead
Zoning B-2
Interior
Heating Wall Furnace
Fireplace No
Appliance Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Laundry Washer Hookup, In Unit
Exterior
Porch Patio
Building
Entry Level Three Or More
Foundation Poured
Architectural Style Modern
Level or Stories Three Or More
New Construction No
Others
Senior Community No
Tax ID 07396604129300000
Special Listing Condition Standard
Pets Allowed Cats OK, Dogs OK
Virtual Tour https://VirtualTourURLUnbranded