1629 & 1631 River Road

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1629 & 1631 River Road

Missoula, MT 59801
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 asset containing 9 units for residential rental use.
  • Located at 1629 and 1631 River Road in Missoula, Montana.
  • Property is situated within the 59801 zip code area.
  • Suitable investment option within the Western Montana housing market.
  • The building type functions as a multi-unit apartment structure.

What's Special

Investors seeking to expand their holdings in the Missoula multifamily market will find value in this 9-unit apartment building. Positioned at 1629 & 1631 River Road, the asset provides a stabilized residential investment opportunity in a region known for its steady demand for rental housing. Missoula serves as a primary hub for commerce and education in Western Montana, characterized by a diverse economic base driven by the University of Montana and a growing health care sector. The location offers residents convenient access to local infrastructure and regional transit routes. Given the configuration, this property serves as a functional addition to a portfolio looking for consistent yield in a mid-sized metropolitan area. The scale of this apartment building allows for manageable operations while benefiting from the demographic growth trends observed throughout the city.

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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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