2 + Building 6&7 Amusement Ave, Ward, MT 59840
This exceptional investment opportunity presents a chance to acquire a thriving apartment complex in Hamilton, Montana. Priced at $2,840,000, this property encompasses a 1.01-acre lot and includes the final eight units of Phase One and the entirety of Phase Two of the FairPark Townhomes development. Phase One units have demonstrated strong performance, attracting both primary and secondary residents. The complex enjoys a highly desirable location, within walking or biking distance of numerous shops and restaurants, and just minutes from the local hospital and major employers in the Bitterroot Valley. All necessary approvals and permits are in place for the immediate commencement of Phase Two construction. The current developer has completed the extension of Skeels Avenue, enhancing accessibility and providing ample on-street parking for both phases. In total, the development will feature 32 units in Phase Two, plus the remaining 8 units in Phase One, along with shared common areas and additional parking. This turnkey project offers a compelling investment prospect in the picturesque Bitterroot Valley. The address is Phase 2 + Building 6&7 Amusement Avenue, Hamilton, MT 59840.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.