146 Iowa Avenue

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146 Iowa Avenue

Whitefish, MT 59937
Asking Price
$1.98M
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Four-unit multifamily apartment building available for purchase
  • Priced at one million nine hundred eighty thousand dollars
  • Located within the Whitefish community of Northwest Montana
  • Residential asset suitable for long-term rental income generation
  • Property sits at coordinates forty-eight point four sixteen
  • Strategic regional location within the expanding Flathead Valley

What's Special

Investors seeking to expand their residential portfolio can utilize this four-unit multifamily apartment building for long-term rental income. Positioned in the scenic city of Whitefish, Montana, this property benefits from a regional economy shaped by outdoor recreation and tourism. The area maintains steady demand for housing, supporting a stable rental environment for multi-family operators. Whitefish serves as a key gateway to the Flathead Valley, characterized by a growing population and consistent interest from those drawn to the regional quality of life. This asset provides a straightforward acquisition in a market where residential housing remains a primary component of the local real estate landscape. The configuration of the building allows for residential occupancy, catering to the ongoing need for housing within the community.

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NOI
$80,000
Cap Rate
4.04%
DSCR
0.68
Underwater
Cash-on-Cash
-6.32%
Monthly Payment
$9,795.96
Annual Cash Flow
$-37,551.516

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