For Sale

Kalispell Lofts

128 East Evergreen Drive, Kalispell, MT 59901

Take Highway 2 to the corner of Glacier Bank and turn down Evergreen Drive.Stabilized 45-Unit Multifamily Investment in Kalispell, Montana Offered at $10,450,000 | 100% 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 100% 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. With a strong tenant base, professional management, and upside potential through future rent, this property presents a compelling opportunity for both seasoned investors and new entrants to the multifamily market.

Key features

  • 100% occupancy – proven demand in a growing rental market
  • 45 total units: a balanced mix of studio, 1-bed, and 2-bed floor plans
  • 6.32% cap rate – strong in-place income with reliable cash flow
  • Priced at $10,450,000 – a rare turnkey investment in Northwest Montana
  • Prime location near major employers, retail centers, schools, and Glacier National Park
  • Well-maintained asset with minimal deferred maintenance
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

James Williamson

Sage Advisors

Building Details

  • For Sale $10,450,000
  • Property Type Multi-Family
  • Property Size 26,631 SF
  • Units 45
  • Lot Size 1.56 Acre
  • Parking Spaces Avail. 90
  • Property Tenancy Multi-Tenant
  • Year Built 2023
  • Date Updated May 5, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (24)

  • Bike Score ®

    Somewhat Bikeable (36)
Powered by Walk Score ®

Location

  • City Kalispell, MT
  • Neighborhood Evergreen
  • Zip Code 59901

Points of Interest

76

0.55 miles

Exxon

1.04 miles

Cenex

1.86 miles

Woodland Qwik Stop

2.12 miles

Smith's Fuel Center

2.27 miles

Skip's Tire & Auto Care

2.36 miles

Kalispell Center Mall Car Charger

2.65 miles

Tesla Supercharger

2.71 miles

Brannigan's Irish Pub Parking

2.54 miles

Mountain View Plaza Lot 2

2.64 miles

Mountain View Plaza Lot 1

2.68 miles

Mountain View Plaza Lot 3

2.71 miles

Mountain View Plaza Lot 4

2.72 miles

Mountain View Plaza Lot 5

2.73 miles

Mountain View Plaza Lot 6

2.74 miles

Mountain View Plaza Lot 7

2.75 miles

Mountain View Plaza Lot 8

2.77 miles

Pro Clean Car Wash

2.18 miles

Super Wash

2.30 miles

Blue Cow Car Wash

2.66 miles

Auto-Mutt Dog & Car Wash

3.19 miles

Kalispell Toyota Rent a Car

4.12 miles

Dollar Rent A Car

8.72 miles

Little Caesars

0.32 miles

Charlie Wongs Restaurant

0.38 miles

Whitefish Handcrafted Spirits

0.38 miles

Big Buck's Sports Bar and Grill

0.51 miles

Cislo's Family Restaurant

0.56 miles

McDonald's

0.57 miles

Subway

0.75 miles

Burger King

0.83 miles

Papa Murphy's

0.98 miles

Super 1 Foods

1.00 miles

Chef'store

1.56 miles

Smith's

2.36 miles

Walmart Supercenter

2.50 miles

Target

2.55 miles

Ross

2.58 miles

TJ Maxx

2.59 miles

Natural Grocers

2.60 miles

Kalispell Center Mall

2.73 miles

Evergreen Fire Department

0.27 miles

Greater Montana Oral & Dental Implant Surgery

1.59 miles

Big Sky Specialty Compounding

1.94 miles

Smith's Drive Through Pharmacy

2.34 miles

Logan Health Medical Center

2.44 miles

Logan Health Heart & Lung

2.47 miles

Logan Health Wellness & Pain Management

2.49 miles

Walmart Pharmacy

2.49 miles

Dermatology Associates

2.53 miles

128 East Evergreen Drive Listing Summary

  • What is the asking price at Kalispell Lofts?

    Kalispell Lofts is currently listed for sale at Contact for pricing.

  • What is the total size of Kalispell Lofts?

    Kalispell Lofts has a total of 26,631 square feet.

  • What is the year built for Kalispell Lofts?

    The year built for Kalispell Lofts is 2023.

Contact Listing Broker
James Williamson

Sage Advisors

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