Stabilized 45-Unit Apartment
For Sale
$10,450,000
128 E Evergreen Dr, Kalispell, MT 59901
45-unit multifamily property with 100% occupancy and a unit mix of studios, one- and two-bedroom apartments.
Property Size26,631 SF
Price / SF$392.40
Days on Market65
Property Features for 128 E Evergreen Dr
General Information
Standard status
Active
Size
26,631 SF
Property subtype
Multi-Family
Occupancy
100%
Additional Details
Cap Rate
6.32%
Multifamily Units
45
Building Details
Year Built
2023
Listing Agency:
Silvercreek Realty Group LLC - MT
Listed By:
James W Williamson · License #62214
(406) 479-7770
Source:
Flatheadvalleybrokers
Added: Jul 20
Changed: Sep 4
Last Checked: Sep 21 at 10:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Silvercreek Realty Group LLC - MT
Investment Insights
Based on property information with market context.
This stabilized 45-unit apartment community is offered for sale with 100% occupancy. The property includes a mix of studio, one-bedroom, and two-bedroom units, with functional layouts and well-maintained interiors. Professional management is in place to support day-to-day operations.
The asset is located at 128 E Evergreen Dr in Kalispell, Montana. It presents a straightforward opportunity for an investor seeking a fully occupied multifamily building with an established tenancy mix across multiple unit types.
The asset is located at 128 E Evergreen Dr in Kalispell, Montana. It presents a straightforward opportunity for an investor seeking a fully occupied multifamily building with an established tenancy mix across multiple unit types.
Key Highlights
- 45‑unit multifamily property built in 2023
- 100% occupancy reported
- Unit mix includes studios, one‑bedroom, and two‑bedroom apartments
Property Analytics
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Current Use
Lease Details
45
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 59901, MT
57,900
Population
25,154
Households
2.3
Avg Household Size
40
Median Age
33%
College-Educated
96%
High-School Grad
468.8 sq mi
ZIP Area
124
Density / Sq Mi
$70,391
Median Household Income
$38,073
Median Earnings
$1,052
Median Rent
$417,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - 45-unit multifamily property with 100% occupancy and a unit mix of studios, one- and two-bedroom apartments.
Where is this apartment building located?
The property is located at 128 E Evergreen Dr Kalispell, MT.
What is the asking price?
The asking price for this property is $10,450,000.
What are key features of this property?
This property features: 45‑unit multifamily property built in 2023; 100% occupancy reported; Unit mix includes studios, one‑bedroom, and two‑bedroom apartments
