1801 10th Ave S, Great Falls, MT 59405

Northmarq is pleased to present Phoenix on 10th, a 59-unit property in Great Falls, Montana. This value-add opportunity includes 58 2-bed units and one 3-bed unit on 2.57 acres. Units feature fully equipped kitchens, hardwood floors, and spacious floorplans. The property has an on-site laundry facility, storage spaces, and a security system.

Located in the beautiful city of Great Falls, Montana, residents have easy access to outdoor recreation, including over 60 miles of the River’s Edge Trail, Giant Springs State Park, and convenient access to both Glacier National Park and Yellowstone National Park. Additionally, the city boasts a stable diverse economy, supported by agriculture, healthcare, and Malmstrom Air Force Base.

Phoenix on 10th benefits from an assumable loan of $3.7M at a fixed rate of 5.5%, originated June 2023, with approximately two years of remaining interest-only payments — representing compelling below-market financing in today’s rate environment.