Three-Bedroom Duplex With
For Sale
$993,000
23 Cedar Pointe Loop #A and B, Columbia Falls, MT 59912
Each residence offers an open layout, private porch, spacious kitchen, and attached garage.
Property Size2,968 SF
Days on Market8
Property Features for 23 Cedar Pointe Loop #A and B
General Information
Standard status
Active
Size
2,968 SF
Property subtype
Residential Income
Zoning
Residential, CPUD-CR3
Taxes and HOA fees
Annual Taxes
$6,146
Building Details
Building Size
2,968 SF
Year Built
2017
Units
2
Listing Agency:
National Parks Realty - Whitefish
(406) 212-0841
Listed By:
Jen Dolan · License #RRE-BRO-LIC-79245
(406) 212-0841
Source:
Avatarrealtymt
Added: Aug 4
Changed: Aug 5
Last Checked: Aug 10 at 10:37AM
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 comprises two residences, each with 3 bedrooms and 3 bathrooms. Both units feature open-plan interiors, spacious kitchens, private front porches, and attached two-car garages. The property was built in 2017 and can be acquired as Unit A, Unit B, or together as the full duplex.
Located at 23 Cedar Pointe Loop in Columbia Falls, the property sits within a quiet, treed community near the Flathead River walking path. Zoning is identified as Residential, CPUD-CR3. Unit B is leased through the end of October, adding an existing lease to the available ownership options.
Located at 23 Cedar Pointe Loop in Columbia Falls, the property sits within a quiet, treed community near the Flathead River walking path. Zoning is identified as Residential, CPUD-CR3. Unit B is leased through the end of October, adding an existing lease to the available ownership options.
Key Highlights
- Two‑residence duplex with 3 bedrooms and 3 bathrooms per unit
- Built in 2017
- Each unit includes an attached two‑car garage
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
3.00%
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 3.00%
Second Best
Apartment 5plus
$395.7K
$346.3K – $461.7K
NOI $27,701 @ 7.0% cap · market cap 2.79%
Theoretical Best
Office A
$662.7K
$579.8K – $773.1K
NOI $46,386 @ 7.0% cap · market cap 4.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
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 - Each residence offers an open layout, private porch, spacious kitchen, and attached 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 $993,000.
What are key features of this property?
This property features: Two‑residence duplex with 3 bedrooms and 3 bathrooms per unit; Built in 2017; Each unit includes an attached two‑car garage
