811 8th Avenue$2,475,000

Kalispell, MT

15208.00 SF, 0.65 ACRE

$2,475,000

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Property Details

BIG PICTURE

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15208.00

FT2

0.65

ACRE

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.

PRICE

$2,475,000

FEATURES

    • MLS #: 30049611
    • Lot: 28,401.00 sqft
    • Single-Family
    • Built in 1977
    • Heating: Forced Air, Gas
    • Price/sqft: $162.74
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Listed By: Jessie M Eagen, Eagen Real Estate