1662 & 1660 US Hwy 2 W

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1662 & 1660 US Hwy 2 W

Kalispell, MT 59901
Asking Price
$699K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • The offering includes two individual multifamily apartment units.
  • Property is located along the US Highway 2 corridor.
  • Investment is priced at an asking rate of $699,000.
  • The asset is positioned within the Kalispell, Montana market.
  • Site offers potential for investors targeting the Flathead Valley region.

What's Special

This multifamily asset consists of two apartment units situated on US Highway 2 West in Kalispell, Montana. The property provides a residential investment opportunity within a region known for its strong tourism sector and proximity to Glacier National Park. The city functions as a central commercial and residential hub for the Flathead Valley, benefiting from consistent population growth and demand for rental housing. Given the configuration, the site is well-suited for an investor seeking a manageable rental property or a conversion project. Its position along a primary corridor allows for convenient access to regional services and local employment centers. The current market conditions in Kalispell reflect an ongoing requirement for diverse housing inventory to accommodate the growing workforce and demographic shifts in the northern Rockies. This offering represents a straightforward entry into a stable submarket characterized by rugged geography and a diversified local economy.

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NOI
$80,000
Cap Rate
11.44%
DSCR
1.93
Strong
Cash-on-Cash
18.36%
Monthly Payment
$3,458.271
Annual Cash Flow
$38,500.753

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