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Altus NHN Stillwater Rd

48 Unit Apartment Building $14,900,000 ($310,417/Unit) 5.41% Cap Rate Kalispell, MT 59901

Apartment Buildings Montana Kalispell NHN Stillwater Rd, Kalispell, MT 59901

Executive Summary

Brand new construction of a modern apartment complex minutes from all major shopping. Located in north Kalispell near Glacier High School. 2.779 acres zoned RA1/PUD. Two 24-plex’s with a combination of 2 bed 2 bath and 1 bed 1 bath units. Fiber optic and garbage services are available for tenants. Pickleball and basketball courts along with outdoor BBQ areas and walking paths. Property management company in place. First building complete with tenants in place. Second building estimated to be completed Nov 2024.

Attachments

NHN STILLWATER ROAD OM-compressed

Property Facts

Price $14,900,000 Apartment Style Low Rise
Price Per Unit $310,417 Building Class B
Sale Type Investment Lot Size 2.78 AC
Cap Rate 5.41% Building Size 50,238 SF
No. Units 48 No. Stories 3
Property Type Multifamily Year Built 2024
Property Subtype Apartment
Price $14,900,000
Price Per Unit $310,417
Sale Type Investment
Cap Rate 5.41%
No. Units 48
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 2.78 AC
Building Size 50,238 SF
No. Stories 3
Year Built 2024

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Basketball Court
  • Grill
  • Walking/Biking Trails
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zoning

Zoning Code RA1/PUD (Planned Unit Development)
RA1/PUD (Planned Unit Development)
(406) 890-4000

  • Listing ID: 29992345

  • Date on Market: 11/7/2023

  • Last Updated:

  • Address: NHN Stillwater Rd, Kalispell, MT 59901

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Site Plan

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Altus | NHN Stillwater Rd
(406) 890-4000 x

Altus | NHN Stillwater Rd

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Cecil Waatti

(406) 890-4000

(406) 890-4000

Anna Gesel

(406) 249-4798

(406) 249-4798

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