Two-Unit Duplex with
For Sale
Contact for pricing
23 Cedar Pointe Loop A and B, Columbia Falls, MT 59912
Two residential units offer open layouts, private porches, and attached garages.
Property Size2,968 SF
Price / SF$334.57
Days on Market24
Property Features for 23 Cedar Pointe Loop A and B
General Information
Standard status
Active
Size
2,968 SF
Total Parking Spaces
4
Property subtype
Multifamily
Zoning
Residential
Amenities
private front porch
Building Details
Year Built
2017
Buildings
1
Units
2
Tenancy
Multi
Listing Agency:
National Parks Realty - Whitefish
(406) 212-0841
Listed By:
Jen Dolan · License #RRE-BRO-LIC-79245
Source:
Crexi
Added: Jul 28
Changed: Aug 19
Last Checked: Aug 20 at 10:35AM
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.
Built in 2017, this residential duplex comprises two separate three-bedroom, three-bathroom residences within a 2,968-square-foot property. Both units feature open floor plans, spacious kitchens, private front porches, and attached two-car garages. Residential zoning supports the existing multifamily configuration.
The property is situated in a quiet, treed community near the Flathead River walking path in Columbia Falls. Unit B is leased through the end of October, while the property is offered as the full duplex or by individual unit.
The property is situated in a quiet, treed community near the Flathead River walking path in Columbia Falls. Unit B is leased through the end of October, while the property is offered as the full duplex or by individual unit.
Key Highlights
- Two‑unit duplex with 2,968 square feet
- Each residence includes 3 bedrooms and 3 bathrooms
- Attached two‑car garage for each unit
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
Lease Details
Multi-tenant
Tenancy
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 - Two residential units offer open layouts, private porches, and attached garages.
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‑unit duplex with 2,968 square feet; Each residence includes 3 bedrooms and 3 bathrooms; Attached two‑car garage for each unit
