- For Sale $10,450,000
- Property Type Multi-Family
- Property Size 26,631 SF
- Units 45
- Lot Size 1.56 Acre
- Parking Spaces Avail. 90
- Property Tenancy Multi-Tenant
- Year Built 2023
- Date Updated May 28, 2026
Description
Take Highway 2 to the corner of Glacier Bank and turn down Evergreen Drive.Stabilized 45-Unit Multifamily Investment in Kalispell, Montana
Offered at $10,450,000 | 100% Occupancy | 6.32% Cap Rate
An exceptional opportunity to acquire a high-performing, stabilized 45-unit apartment community in the thriving market of Kalispell, Montana. With a current occupancy of 100% and a solid 6.32% cap rate, this asset offers immediate income and long-term value in a region known for strong rental demand and economic growth.
The property features a desirable mix of studio, one-bedroom, and two-bedroom units, designed to attract a diverse tenant base. Each unit offers functional layouts and well-maintained interiors, with professional management in place to ensure smooth operations.
With a strong tenant base, professional management, and upside potential through future rent, this property presents a compelling opportunity for both seasoned investors and new entrants to the multifamily market.
Highlights
- 100% occupancy – proven demand in a growing rental market
- 45 total units: a balanced mix of studio, 1-bed, and 2-bed floor plans
- 6.32% cap rate – strong in-place income with reliable cash flow
- Priced at $10,450,000 – a rare turnkey investment in Northwest Montana
- Prime location near major employers, retail centers, schools, and Glacier National Park
- Well-maintained asset with minimal deferred maintenance
False
Contacts
James Williamson
Sage Advisors
Location
Located at 128 East Evergreen Drive, Kalispell, MT 59901, this property is part of the Evergreen neighborhood.
Contact Listing Broker
James Williamson
Sage Advisors
