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108 Camelot Ct
Missoula, MT 59801
Multifamily Property For Sale
·
16 Units
Investment Highlights
- Eight-unit apartment property with established rental history.
- Located near Playfair Park and neighborhood recreational amenities.
- Convenient access to shopping, dining, and public transportation.
- Unit mix includes seven two-bedroom units and one one-bedroom unit.
- Common coin-operated laundry facility serves residents.
- Centrally located within the Missoula residential market.
Executive Summary
Excellent Investment Opportunity! This centrally located 8-unit apartment building offers a strong rental history and consistent occupancy in a highly desirable central Missoula location. The property consists of seven 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, providing a desirable unit mix with below-market rents, offering excellent upside potential for future income growth. Tenants enjoy the convenience of a common coin-operated laundry facility and easy access to shopping, dining, public transportation, and major employers. Outdoor recreation is just a block away at Splash Montana Waterpark and Playfair Park, featuring a 1.3-mile walking path, expansive green space, tennis courts, baseball and softball fields, soccer fields, basketball and volleyball courts, playgrounds, and picnic areas. The University of Montana is also just a short drive away. Major capital improvements include a new roof (2026), new boiler (2017), and new water heater (2017), helping reduce near-term maintenance costs and providing added value for investors.
Property Facts
| Price Per Unit | $74,875 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.27 AC |
| No. Units | 16 | Building Size | 6,336 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1971/1995 |
| Apartment Style | Low-Rise | ||
| Zoning | U-R1 / Multi-Family - Permits urban residential development and a variety of housing types consistent with established residential neighborhoods. | ||
| Price Per Unit | $74,875 |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.27 AC |
| Building Size | 6,336 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1971/1995 |
| Zoning | U-R1 / Multi-Family - Permits urban residential development and a variety of housing types consistent with established residential neighborhoods. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 16 | - | - |
Property Taxes
| Parcel Number | 04-2200-33-3-03-12-0000 | Improvements Assessment | $526,401 |
| Land Assessment | $230,599 | Total Assessment | $757,000 |
Property Taxes
Parcel Number
04-2200-33-3-03-12-0000
Land Assessment
$230,599
Improvements Assessment
$526,401
Total Assessment
$757,000
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