117 3rd Avenue E

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117 3rd Avenue E

Kalispell, MT 59901
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).

  • Multifamily apartment building located at 117 3rd Avenue E in Kalispell
  • Asset features two residential units available for acquisition
  • Property situated within the growing residential market of the Flathead Valley
  • Accessible location within the downtown urban area of Kalispell
  • Suitable for investors targeting small-scale multifamily residential assets

What's Special

Kalispell serves as a key commercial and residential hub in the Flathead Valley of Montana. The region continues to experience steady growth, supported by its proximity to Glacier National Park and a diverse local economy. This multifamily apartment building is positioned in a central urban environment, benefiting from consistent demand for housing in this part of the state. Investors seeking to expand their residential holdings will find this property well-situated within the downtown core of Kalispell. The asset includes two distinct residential units, providing a manageable entry point for a private investor or a portfolio addition. Given the consistent influx of residents to the Flathead region, this type of apartment building is positioned to support long-term rental income through both short-term or long-term occupancy strategies depending on the owner's operational goals.

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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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