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26,631 sqft

$10,450,000

128 E Evergreen Drive, Kalispell MT, 59901

Price per sqft$392.40
Built in2023
Property size26,631 sqft
Property typeCondominium

Overview

Under contract

Active Under Contract

Listed Feb 17, 2026

Updated Aug 7

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.

$69,524/mo

Est. mortgage payment based on a $10,450,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
30065468

Interior Features

Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.56 Acres

Other Property Details

Taxes
$54,314
Tax Frequency
Annually
Pets Allowed
Yes
55+/Senior Community
No
MLS provider logo

Courtesy of Silvercreek Realty Group LLC - MT

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Kristin Zuckerman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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