26,631 sqft
$10,450,000
128 E Evergreen Drive, Kalispell MT, 59901
Price per sqft$392.40
Built in2023
Property size26,631 sqft
Property typeCondominium
Overview
Under contract
Active Under Contract
Listed Feb 17, 2026
Updated Aug 7
Stabilized 45-Unit Multifamily Investment in Kalispell, Montana |
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.
$69,524/mo
Est. mortgage payment based on a $10,450,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 30065468
Interior Features
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 1.56 Acres
Other Property Details
- Taxes
- $54,314
- Tax Frequency
- Annually
- Pets Allowed
- Yes
- 55+/Senior Community
- No
Courtesy of Silvercreek Realty Group LLC - MT
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor David Fetveit shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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