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811 8th Avenue

Kalispell, MT 59901

$2,475,000
Residential Listing
15,208 SqFt

Summary

Turnkey Multi-Family Investment 811 & 821 8th Avenue and 728 8th St. West - Kalispell, MTThis 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.

Details

  • Approx Sq Feet
    15,208
  • Type
    Apartment
  • Garage
    0
  • Price / Sq Feet
    $162.74
  • Year Built
    1977
  • Lot Size
    0.65 AC
  • Heating
    Forced Air, Gas
  • Community
    Kalispell
  • Days on Market
    85
  • Listing Courtesy of
    Eagen Real Estate
  • MLS #
    30049611

Location

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ERA® and the ERA Logo are registered service marks owned by ERA Franchise Systems LLC. Robyn L. Erlenbush Real Estate, P.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each franchise is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to ERA Franchise Systems LLC nor any of its affiliated companies. © 2019 Robyn L. Erlenbush Real Estate, P.C. All rights reserved.

 

All property data and market statistics are pulled from Big Sky Country MLS.

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