King West One Apartments 4301 King Ave W 128 Unit Apartment Building For Sale Billings, MT 59106

Berkadia Boise Investment Sales is pleased to present the exclusive listing of King West One Apartments, a 128-unit townhome-style community on the West End of Billings. Positioned along the Shiloh Road corridor at the center of the metro's primary retail and employment node, King West One pairs a unique private-garage townhome product with steady Billings fundamentals and a clear path to mark-to-market rent upside.
Every home includes a private garage plus driveway parking, a feature that remains scarce across the Billings rental market, which supports both premium demand and long-term tenant retention. That stability is borne out in the operating history, with resident retention of 73 percent in 2025 and 72 percent year to date in 2026.
Interiors are offered in classic and upgraded finish schemes, giving a new owner a defined path to extend the in-place upgrade program across the remaining classic homes.
Eight of the thirteen buildings received new roofs in 2026, reducing near-term capital needs for an incoming owner. Parking is a defining feature, with two spaces per home across 128 private garages and 128 driveway spaces for 256 total stalls, a ratio the conventional Billings apartment stock cannot match.
Just minutes from the community, Shiloh Crossing anchors the corridor as the region's premier shopping destination, headlined by a 220,000-square-foot Scheels, the largest retail store in Montana, a 22,000-square-foot REI at the same development, and a newly built 166,000-square-foot Costco. The corridor also places residents within easy reach of the metro's two largest employers, the Billings Clinic and Intermountain Health systems, and within walking distance of the growing Rocky Vista University Montana campus, reinforcing a deep and durable renter base. This concentration of premier retail, everyday convenience, and major employment positions King West One as a stable asset in the Billings market.