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Multifamily Property with RV Site
For Sale
$875,000

300 Jay Hawk Ln, Columbia Falls, MT 59912

Five income-producing units plus a full-service RV site on fenced, landscaped acreage with designated yards and parking.

Property Size4,576 SF
Lot Size2.96 Acres
Price / SF$191.22
Days on Market96

Property Features for 300 Jay Hawk Ln

General Information

Standard status Active
Size 4,576 SF
Lot size 2.96 Acres
Property subtype Multi-Family

Additional Details

Fenced Yard Yes
Multifamily Units 5

Amenities

designated yards
shared basketball court
full-service RV site

Building Details

Year Built 2000
Tenancy Multi
Listing Agency: Performance Real Estate, Inc.
Listed By: Kyhl Pfankuch · License #RRE-BRO-LIC-99448
Source: Performance-realestate
Added: Jul 20 Changed: Oct 11 Last Checked: Oct 20 at 9:37PM

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 Performance Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This property combines five income-producing residential units with a full-service RV site on 2.96 fenced, landscaped acres. The main building is a divided manufactured home offering Unit A (3-bed, 1-bath) and Unit B (1-bed, 1-bath), with both units served by an owned propane tank. A large shop building with lean-tos for storage contains Unit 1 (1-bed, 1-bath) on the main level and Unit 2 (1-bed, 1-bath studio) upstairs. A separate stand-alone Unit C is a 1-bed, 1-bath house with a private fenced backyard.

The RV site is full-service with power, water, and sewer. Infrastructure includes a new well pump and pressure tank. Tenants have designated yards, and the property includes a shared basketball court. The complex is centrally located with ample parking and a private setting, and it is also presented as a 1031 exchange opportunity.

With multiple residential configurations across the manufactured home, shop building, and stand-alone unit, the setup offers a mix of unit types within the same fenced property.

Key Highlights

  • 5 income‑producing units plus a full‑service RV site on 2.96 fenced, landscaped acres
  • Manufactured home split into Unit A (3 bed, 1 bath) and Unit B (1 bed, 1 bath), both served by an owned propane tank
  • Shop building includes Unit 1 (1 bed, 1 bath) on the main level and Unit 2 (1 bed, 1 bath studio) upstairs

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,709
Cap Rate
4.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,180 $854.2K
Cap Rate 7%
$610,129 $610.1K
Cap Rate 9%
$474,544 $474.5K
Market Conditions
NOI Build-Up for 4,576 SF
Gross rent
$80.7K $17.64/SF
− Vacancy
−$3.1K −$0.67/SF
EGI
$77.7K $16.97/SF
− OpEx
−$34.9K −$7.64/SF
NOI
$42.7K $9.33/SF
Area
Flathead County, MT
Vacancy
3.80%
Lease Rate
$17.64 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$854,180
Cap Rate 7%
$610,129
Cap Rate 9%
$474,544

Alternative Uses

Best Use
Apartment 5plus
$610.1K
$533.9K – $711.8K (±1% cap)
NOI $42,709 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$894.0K – $1.19M (±1% cap)
NOI $71,517 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

5
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

16
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Five income-producing units plus a full-service RV site on fenced, landscaped acreage with designated yards and parking.
Where is this apartment building located?
The property is located at 300 Jay Hawk Ln Columbia Falls, MT.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 5 income‑producing units plus a full‑service RV site on 2.96 fenced, landscaped acres; Manufactured home split into Unit A (3 bed, 1 bath) and Unit B (1 bed, 1 bath), both served by an owned propane tank; Shop building includes Unit 1 (1 bed, 1 bath) on the main level and Unit 2 (1 bed, 1 bath studio) upstairs
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