613/615 8th Avenue S

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613/615 8th Avenue S

Great Falls, MT 59405
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Located at 613/615 8th Avenue S in Great Falls
  • Residential apartment building comprising two distinct rental units
  • Strategically positioned within an active Montana residential submarket
  • Manageable investment size suitable for diverse property portfolios
  • Stable regional economy supports consistent demand for local housing

What's Special

This two-unit multifamily apartment building is located at 613/615 8th Avenue S in Great Falls, Montana. The property sits within a key residential submarket of the city, which serves as a central hub for commerce and government in the north-central region of the state. Great Falls maintains a stable economy supported by diverse sectors, providing a consistent demand for well-located housing options. Investors and property owners will find this asset suitable for long-term rental holdings or as a small-scale addition to an existing residential portfolio. The layout and scale of this apartment building cater to tenants seeking quiet residential living while remaining close to local infrastructure and major transportation routes. Given the nature of the unit count, the building provides a manageable entry point for those looking to establish a presence in the local rental market. Future operations can leverage the property's proximity to downtown Great Falls, ensuring steady access to regional amenities and services for current and prospective residents.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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