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Investment Highlights

  • A ±13.7-Acre Multifamily / Build-to-Rent Development Site in Missoula, Montana

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Multifamily
Total Lot Size 13.70 AC
Zoning M1R-2 - Urban Mixed-Use Low

1 Lot Available

Lot

Lot Size 13.70 AC

Description

Northmarq is pleased to present Missoula Multifamily Development Site, a ±13.7-acre multifamily / build-to-rent opportunity located in Missoula, Montana, an undersupplied and rapidly growing housing market that serves as the economic, cultural, and educational hub of Western Montana. The property benefits from proximity to Missoula’s core and is located approximately seven miles from the University of Montana, a premier public research institution that provides a durable source of demand for rent. Missoula’s diversified economy, anchored by healthcare, education, and manufacturing and technology, combined with sustained population growth, continues to drive strong rental fundamentals. Known as the “Garden City,” Missoula offers an exceptional quality of life with unparalleled access to outdoor recreation, extensive park and trail systems, and a vibrant arts and culture scene, which has fueled in-migration and positioned the market as one of the most attractive small cities in the Mountain West. This combination of a sizable development site in a supply-constrained market with compelling demographic trends and long-term demand drivers positions the Missoula Multifamily Development Site as a highly attractive opportunity for sustained value creation.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
04-2199-01-1-01-03-0000
Land Assessment
$2,191,240
Improvements Assessment
$0
Total Assessment
$2,191,240
  • Listing ID: 39851219

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 5065 Expressway, Missoula, MT 59808

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