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821 7th ST W Columbia Falls, MT 59912
22,359 SqFt
UPDATED:
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 22,359 sqft
Price per Sqft $163
MLS Listing ID 30073773
HOA Y/N No
Year Built 1977
Annual Tax Amount $29,970
Tax Year 2025
Lot Size 2.130 Acres
Acres 2.13
Property Sub-Type Apartment
Property Description
Mountain View Court Apartments presents a rare opportunity to acquire a well-maintained 32-unit multifamily investment property in the rapidly growing community of Columbia Falls, Montana. Located at 821 7th Street West, the property consists of four garden-style 8-plex apartment buildings situated on approximately 2.13 acres with mature landscaping, generous surface parking, and a low-density residential setting. The unit mix includes 24 one-bedroom/one-bath units and 8 two-bedroom/one-bath units, offering a desirable mix that continues to experience strong demand in the Columbia Falls rental market.
For many years, Mountain View Court operated under the USDA Rural Development affordable housing program, which restricted rental rates and influenced the property's operations. Those program restrictions have now expired, creating a compelling value-add investment opportunity. A new owner has the ability to gradually transition rents toward market levels as units become available while also identifying opportunities to improve operational efficiencies and enhance long-term cash flow. Columbia Falls continues to experience strong population and employment growth driven by its proximity to Whitefish, Kalispell, Glacier Park International Airport, and Glacier National Park. Combined with the Flathead Valley's limited housing inventory and continued demand for quality rental housing, Mountain View Court is well positioned for long-term appreciation and income growth.
Offering immediate in-place cash flow, below-market rents with meaningful upside potential, and institutional-scale ownership in one of Montana's strongest multifamily markets, Mountain View Court Apartments represents an exceptional investment opportunity for both private and institutional investors.
Buyer to verify all property information, financial information, income, expenses, square footage, zoning, and intended use to their own satisfaction.
*More pictures including interior shots will be coming in a few days.
For many years, Mountain View Court operated under the USDA Rural Development affordable housing program, which restricted rental rates and influenced the property's operations. Those program restrictions have now expired, creating a compelling value-add investment opportunity. A new owner has the ability to gradually transition rents toward market levels as units become available while also identifying opportunities to improve operational efficiencies and enhance long-term cash flow. Columbia Falls continues to experience strong population and employment growth driven by its proximity to Whitefish, Kalispell, Glacier Park International Airport, and Glacier National Park. Combined with the Flathead Valley's limited housing inventory and continued demand for quality rental housing, Mountain View Court is well positioned for long-term appreciation and income growth.
Offering immediate in-place cash flow, below-market rents with meaningful upside potential, and institutional-scale ownership in one of Montana's strongest multifamily markets, Mountain View Court Apartments represents an exceptional investment opportunity for both private and institutional investors.
Buyer to verify all property information, financial information, income, expenses, square footage, zoning, and intended use to their own satisfaction.
*More pictures including interior shots will be coming in a few days.
Location
State MT
County Flathead
Interior
Interior Features InteriorFeatures
Heating Baseboard, Electric
Fireplace No
Laundry Common Area
Exterior
Garage No
Building
Foundation See Remarks
New Construction No
Others
Senior Community No
Tax ID 07418608308010000
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition Standard
Listed by Eagen Real Estate
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