Stabilized 45-Unit Multifamily Investment in Kalispell, Montana |
Offered at $10,450,000 | 100% Occupancy - July 2025 | 6% Historic 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% 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.
Active
Price cut: $500K (8/12)
$10,450,000
128 E Evergreen Dr, Kalispell, MT 59901
3beds
4baths
26,631sqft
Est.:
Multi Family, Apartment
Built in 2023
-- sqft lot
$-- Zestimate®
$392/sqft
$-- HOA
What's special
Functional layoutsWell-maintained interiors
- 80 days
- on Zillow |
- 301 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: August 13, 2025 at 04:49pm
Listed by:
James W Williamson 406-270-2121,
Silvercreek Realty Group LLC - MT
Source: MRMLS,MLS#: 30050909

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Has cooling: Yes
Appliances
- Included: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup, In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 26,631
- Total interior livable area: 26,631 sqft
Video & virtual tour
Property
Features
- Levels: Three Or More
- Patio & porch: Patio
Lot
- Size: 1.56 Acres
Details
- Parcel number: 07396604129300000
- Zoning: Business
- Zoning description: B-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Multi Family, Apartment
Materials
- Foundation: Poured
- Roof: Rubber
Condition
- New construction: No
- Year built: 2023
Community & HOA
Location
- Region: Kalispell
Financial & listing details
- Price per square foot: $392/sqft
- Tax assessed value: $279,123
- Annual tax amount: $2,765
- Date on market: 6/10/2025
- Cumulative days on market: 81 days
- Listing agreement: Exclusive Right To Sell
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