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$ 2,475,000
Est. payment /mo
Active
811 8th W Kalispell, MT 59901
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 404942
Year Built 1977
Annual Tax Amount $25,096
Property Sub-Type Multi Family
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.
Location
State MT
County Flathead
Area Other Counties/State
Direction From downtown Kalispell, head east on US-2/East Idaho Street. Turn right onto 7th Avenue E, then left onto 7th Street E. Continue a few blocks and turn right onto 8th Avenue E.
Interior
Heating Baseboard, Electric
Cooling None
Fireplace No
Exterior
Utilities Available Electricity Connected
Building
Entry Level Two
Level or Stories Two
Others
Tax ID 0000665290
Acceptable Financing Cash, 1031 Exchange, 3rd Party Financing
Listing Terms Cash, 1031 Exchange, 3rd Party Financing
Special Listing Condition None
Listed by Eagen Real Estate