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.
31 days
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178
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9
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Jessie Eagen406-880-3900,
Eagen Real Estate
Source: Big Sky Country MLS,MLS#: 412641Originating MLS: Big Sky Country MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Heating
Baseboard, Electric
Cooling
None
Interior area
Finished area above ground: 0
Property
Parking
Parking features: Common
Features
Levels: One
Stories: 1
Details
Parcel number: 0000914650
Zoning description: Call Listing Agent for Details
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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