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Multifamily Property with RV Site

300 Jay Hawk Ln Columbia Falls, MT 59912

New
300 Jay Hawk Ln, Columbia Falls, MT, 59912
$875,000
For Sale
$875,000

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 Market3

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

Building Details

Year Built
2000
Listing agency Performance Real Estate, Inc.
Listed by Kyhl Pfankuch · License #RRE-BRO-LIC-99448
Source Flatheadvalleybrokers
Added: Jul 20 Updated: Jul 21 at 6:05PM Checked: Jul 21 at 6:05PM

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.


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

Local Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $80.7k $17.64
− Vacancy −$3.1k −$0.67
EGI $77.7k $16.97
− OpEx −$34.9k −$7.64
NOI $42.7k $9.33
4,576 SF · lease $17.64/SF/yr · vacancy 3.80% · expense 45.00%

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 local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

John's painting service Construction Company

Suggested Use

Plumbing Service Furniture & Home Goods Auto Repair Shop Kitchen & Bath Showroom Butcher Pet Grooming Service Restaurant Daycare Center Restaurant Discount Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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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