Duplex with Attached Two-Car
For Sale
$1,025,000
23 Cedar Pointe Loop A And B, Columbia Falls, MT 59912
Duplex built in 2017 offers Unit A and B, each with a private front porch and attached two-car garage.
Property Size2,968 SF
Price / SF$345.35
Days on Market48
Property Features for 23 Cedar Pointe Loop A And B
General Information
Standard status
Active
Size
2,968 SF
Property subtype
Multi-Family
Building Details
Year Built
2017
Listing Agency:
National Parks Realty - Whitefish
Listed By:
Jen Dolan · License #RRE-BRO-LIC-79245
(406) 212-0841
Source:
Flatheadvalleybrokers
Added: Jul 21
Changed: Aug 10
Last Checked: Sep 5 at 9:45AM
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 National Parks Realty - Whitefish
Investment Insights
Based on property information with market context.
This duplex was built in 2017 and is available as Unit A, Unit B, or as the full property. Each residence offers 3 bedrooms and 3 bathrooms with an open floor plan, a spacious kitchen, a private front porch, and an attached two-car garage.
The property is located in a quiet, treed community near the Flathead River walking path.
Unit A is currently leased through the end of October, and it is scheduled to be available again in late May for move-in or a new tenancy.
The property is located in a quiet, treed community near the Flathead River walking path.
Unit A is currently leased through the end of October, and it is scheduled to be available again in late May for move-in or a new tenancy.
Key Highlights
- Duplex built in 2017 with Unit A and Unit B, each offering 3 bedrooms and 3 bathrooms
- Each unit features an open floor plan, spacious kitchen, private front porch, and an attached 2‑car garage
- Flexible options: purchase Unit A, Unit B, or the full duplex
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,762
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.90%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,240
$595.2K
Cap Rate 7%
$425,171
$425.2K
Cap Rate 9%
$330,689
$330.7K
Market Conditions
NOI Build-Up for 2,968 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$44.5K $15.00/SF
− Vacancy
−$2.0K −$0.68/SF
EGI
$42.5K $14.33/SF
− OpEx
−$12.8K −$4.30/SF
NOI
$29.8K $10.03/SF
Area
Flathead County, MT
Vacancy
4.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$595,240
Cap Rate 7%
$425,171
Cap Rate 9%
$330,689
Alternative Uses
Best Use
Multifamily LT 5
$425.2K
$372.0K – $496.0K
NOI $29,762 @ 7.0% cap · market cap 2.90%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,701 @ 7.0% cap · market cap 2.70%
Theoretical Best
Office A
$662.7K
$579.8K – $773.1K
NOI $46,386 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 59912, MT
15,395
Population
6,831
Households
2.3
Avg Household Size
43
Median Age
31%
College-Educated
93%
High-School Grad
188.9 sq mi
ZIP Area
81
Density / Sq Mi
$73,515
Median Household Income
$38,529
Median Earnings
$1,052
Median Rent
$438,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex built in 2017 offers Unit A and B, each with a private front porch and attached two-car garage.
Where is this duplex located?
The property is located at 23 Cedar Pointe Loop A And B Columbia Falls, MT.
What is the asking price?
The asking price for this property is $1,025,000.
What are key features of this property?
This property features: Duplex built in 2017 with Unit A and Unit B, each offering 3 bedrooms and 3 bathrooms; Each unit features an open floor plan, spacious kitchen, private front porch, and an attached 2‑car garage; Flexible options: purchase Unit A, Unit B, or the full duplex
