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33289452
33289457

128 E Evergreen Drive, Kalispell, MT 59901

JW
MT RRE-BRO-LIC-62214
Silvercreek Realty Group
Listed by Silvercreek Realty Group
$10,450,000
371 days on market
Updated 6 days ago

Kalispell Lofts

Details
APN 07396604129300000
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 26,631
Units 45
Cap Rate 6.32%
NOI $660,435
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 6.32%
Pro-Forma NOI $660,435
Class B
Year Built 2023
Buildings 3
Stories 3
Acreage 1.560
Zoning Business
Parking Spaces spaces
Sale Condition N/A

45-Unit Multifamily Investment Property

Marketing description

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. A compelling opportunity for both seasoned investors and new entrants to the multifamily market.

Investment highlights

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

100% occupancy – proven demand in a growing rental market

Prime location near major employers, retail centers, schools, and Glacier National Park

Priced at $10,450,000 – a rare turnkey investment in Northwest Montana

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Listing Contacts

JW
MT RRE-BRO-LIC-62214
Silvercreek Realty Group
Listed by Silvercreek Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$660,435.00
$55,036.25/mo

Valuation Metrics

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DSCR
6.32%
Cap Rate
6.32%
ROI

Map

Zoning

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R-2 ResidentialSingle FamilyOne Family Limited Residential
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Last updated Mar 13, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
James Williamson
License
RRE-BRO-LIC-62214
Brokerage
Silvercreek Realty Group
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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