801-947-4700
1800 9th Ave S, Great Falls, MT for Sale
Apartments - FOR SALE
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1800 9th Ave S
Great Falls, MT 59405


HIGHLIGHTS

  • 59-unit value-add community
  • Fully equipped kitchens, hardwood floors, & spacious floorplans
  • Onsite laundry facility, storage spaces, and a security system

OVERVIEW

Northmarq is pleased to present Phoenix on 10th, a 59-unit property in Great Falls, Montana. This value-add opportunity includes 58 2-bed units and one 3-bed unit on 2.57 acres. Units feature fully equipped kitchens, hardwood floors, and spacious floorplans. The property has an on-site laundry facility, storage spaces, and a security system. Located in the beautiful city of Great Falls, Montana, residents have easy access to outdoor recreation, including over 60 miles of the River’s Edge Trail, Giant Springs State Park, and convenient access to both Glacier National Park and Yellowstone National Park. Additionally, the city boasts a stable diverse economy, supported by agriculture, healthcare, and Malmstrom Air Force Base. Phoenix on 10th benefits from an assumable loan of $3.7M at a fixed rate of 5.5%, originated June 2023, with approximately two years of remaining interest-only payments — representing compelling below-market financing in today’s rate environment.

FOR SALE DETAILS

PRICE

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# OF UNITS

59

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Phoenix on 10th

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

53

LAND DETAILS

LAND ACRES

2.57 AC

LAND SF

111,949 SF

ZONING

C-2; R-5

APN/PARCEL ID

02-3016-07-3-06-01-0000

ASK ABOUT THIS PROPERTY

Seth WeaverNorthmarqMore Info
801-947-4700

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Seth WeaverNorthmarqMore Info
801-947-4700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.