Property profile

2 Competition Phase 2 Hamilton, MT 59840

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 32-unit apartment building in Hamilton, Montana's desirable FairPark development. Phase Two is ready for immediate development, with all necessary approvals and permits already secured. Building on the success of the highly sought-after Phase One units, which are popular as both primary and secondary residences, this project offers significant potential for strong returns. The property boasts a central location within walking or biking distance of numerous shops, restaurants, and the local hospital, providing convenient access to amenities and major employers in the Bitterroot Valley. The developer has completed the extension of Skeels Avenue, enhancing accessibility with added on-street parking for both phases. This turnkey project includes common areas and ample parking, making it an ideal acquisition in the beautiful Bitterroot Valley. The 0-acre lot is situated in Ravalli County, Montana, with a zip code of 59840. The asking price for this multifamily property is $1,920,000. Don't miss this chance to capitalize on a thriving market and a well-planned development.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2 Competition Phase 2 Hamilton, MT 59840
Hamilton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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