128 E Evergreen Drive, Kalispell, MT 59901
$10,450,000 (Active Under Contract)
Bathrooms:
Number of Units:
Type: Multi-Unit Residential
Listing #30065468
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Stabilized 45-Unit Multifamily Investment in Kalispell, Montana | Offered at $10,450,000 | 96% Occupancy | 6.32% Cap Rate | An exceptional opportunity to acquire a high-performing, stabilized 45-unit apartment community in the thriving market of Kalispell, Montana. With a current occupancy of 96% and a solid 6.32% cap rate, this asset offers immediate income and long-term value in a region known for strong rental demand and economic growth. The property features a desirable mix of studio, one-bedroom, and two-bedroom units, designed to attract a diverse tenant base. Each unit offers functional layouts and well-maintained interiors, with professional management in place to ensure smooth operations. A compelling opportunity for both seasoned investors and new entrants to the multifamily market.
Property Features
Latitude: 48.225422
Longitude: -114.273064
Directions: Take Highway 2, turn at the corner of Glacier Bank on Evergreen Dr.
Heating: Wall Furnace
Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
Has Basement: No
Style: Modern
Levels: Three Or More
Foundation: Poured
Garage Spaces: 0
Patio / Deck Description: Patio
Lot Size in Acres: 1.56
Lot Size in Sq. Ft.: 67,954
Zoning: B-2
Building Total Area (Sq. Ft.): 26,631
Property Type: RI
Property SubType: Apartment
Year Built: 2023
Status: Active Under Contract
Tax Year: 2025
Tax Amount: $54,313.66
$ per month
Year Fixed. % Interest Rate.
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| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative: James W Williamson, Silvercreek Realty Group LLC - MT
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IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the Montana Regional MLS.
Montana Regional data last updated at March 11, 2026, 9:48 AM MT
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