121 Iowa Avenue Building 2 (14 units), Whitefish, MT 59937

$3,225,000 Active MLS® 30079542 Lease
ActiveMLS® 30079542
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121 Iowa Avenue Building 2 (14 units), Whitefish, MT 59937 photo
Lease
MLS® 30079542
$3,225,000
121 Iowa Avenue Building 2 (14 units), Whitefish, MT 59937
0.003 Acres 7,350 Sq.Ft. Built 2002
Description

14 individually Deeded Condos, with their own legal and assessor #'s in one building! Prime Investment Opportunity in the Heart of Whitefish! Just minutes from Whitefish Mountain Resort and within walking distance of Whitefish Lake, this 14-unit multifamily property offers a rare chance to acquire a well-established rental asset in one of Montana’s most desirable and rapidly growing resort communities. Built in 2002, the property consists entirely of one-bedroom, one-bathroom units averaging approximately 525 square feet. The efficient floor plans appeal to both long-term residents and tenants seeking seasonal or long-term accommodation. With a proven history of strong rental demand, the property offers flexibility for a variety of investment and rental strategies. A significant value-add opportunity is the fact that all 14 units are individually titled. This unique structure allows investors to sell units individually, creating an additional exit strategy beyond a traditional multifamily disposition. Property amenities include an on-site shared laundry facility, ample off-street parking, and well-maintained grounds situated within a quiet residential pocket of Whitefish. Its central location offers convenient access to downtown Whitefish, Whitefish Lake and City Beach, local restaurants and coffee shops, retail, walking and biking trails, and Whitefish Mountain Resort. Don’t miss the opportunity to invest in a high-demand asset in one of Montana’s premier resort communities! Monthly HOA includes "studs out" and more: roof, siding, Landscaping, Snow Removal, Insurance, Utilities for common areas, Water for all of the units – The City will not allow separate meters, Repairs/Maintenance, Legal & Professional fees. Listing agent related to Seller.

Interior features
  • Utilities Cable Available
  • Basement description None
  • Lot dimension 0.003 Square Feet
  • Lot description Sprinklers In Ground, See Remarks, Level
Exterior features
  • View Mountain(s), Residential, Trees/Woods
  • Lot dimension 0.003 Square Feet
  • Lot description Sprinklers In Ground, See Remarks, Level
  • Foundation Slab

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