108 Camelot Court
Property Description
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.
Broker Details
ERA Lambros Real Estate (406) 532-9200
MLS ID: mt.545001165 State License Number: RRE-BRO-LIC-12362
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,198,000 |
| No. of Units: | 8 |
| Year Built: | 1971 |
| Opportunity Zone: | No |
| Price per unit: | $149,750 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-MWMTAR-30077493
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