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Property profile & analytics
OFF-MARKET
Garden apartment buildings
1909 Kensington Ave, Missoula, MT 59801-5443
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US52-0075564
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2012
Construction
WOOD
Total area
4,444 SF
Lot
0.15 ac (6,360 SF)
Zoning code
3
APN
04-2200-29-4-63-40-0000
UPID
US52-0075564
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
6plex Flex LLC · 2 yrs held
6plex Flex LLC
since 2024
7 recorded transactions
Zoning & alternative use
3 · Missoula, MT
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Missoula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Missoula submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,953
Tax year 2023
Assessed value
$747,700
Assessed 2023
Previous assessed
$747,700
+0.0% YoY
Effective rate
1.20%
On assessed value
Land market value
$258,970
Improvement market value
$488,730
Total market value
$747,700
Applied tax rate
583.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2012
Construction
WOOD
Heating
YES
Stories
2
Units
6
Total area
4,444 SF
Lot
0.15 ac (6,360 SF)
Zoning code
3
APN
04-2200-29-4-63-40-0000
UPID
US52-0075564
Jurisdiction
MISSOULA
Zoning & alternative use
3 · Missoula, MT
Zoning 3 · permitted uses
3 · Missoula, MT
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Missoula. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
WOOD
Heating
YES
Stories
2
Units
6
Lot
0.15 ac
Current owner
From public records · entity-resolved
6plex Flex LLC
Entity
Mailing address
1909 KENSINGTON AVE, MISSOULA, MT 59801-5443
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 16, 2024
—
6plex Flex LLC
Kicking Horse Rentals LLC
Warranty Deed
$481,500 · First Security Bank Of Missoula
Nov 16, 2017
—
Kicking Horse Rentals LLC
Mclars LLC
Warranty Deed
—
Mar 7, 2017
—
Mclars LLC
Larson,carol A & Michael W
Quit Claim Deed
related
—
May 29, 2012
—
Roy R Folsom
Walker Homes & Development LLC
Warranty Deed
$264,900 · Us Bank NA
May 18, 2012
—
Larson,carol A & Michael W
Walker Homes & Dev LLC
Warranty Deed
—
Sep 16, 2011
—
Walker Homes & Dev LLC
—
Deed Of Trust
related
$277,500 · First Interstate Bk
Jun 29, 2011
—
Walker Homes & Development LLC
James C Waddell
Warranty Deed
$75,000 · First Interstate Bank
Nov 25, 1998
—
Waddell,james C
Means,john R & Mary K
Trustees Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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