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Old Sawmill District Multifamily Development Opportunity Near Downtown Missoula

Wyoming Street, Missoula, Montana, 59801
For Sale

Property Details

  • Price: $7,500,000
  • Property Type: Land
  • Transaction Type: For Sale
  • Lot Size: 4.41 AC
  • Property Sub Type: Multi-Family
  • Zoning Description: SD/Mill Site & NR/Neighborhood Residential
  • Cross Streets: Wyoming Street

Property Description

SterlingCRE Advisors is pleased to present a one-of-a-kind opportunity for large-scale multifamily development in Old Sawmill District, an urban neighborhood with a historic heart near Missoula’s Downtown and the University of Montana. Development sites of this quality and scale simply do not exist elsewhere in Missoula.

This site is perfect for multifamily and available in Old Sawmill District, totaling 4.41 net acres.

Cambium Place, in Old Sawmill District, has been a resounding success as a high-end, rent-by-choice apartment offering in Missoula. This successful project sets the stage for an additional high-quality multifamily offering at Wyoming South.

Wyoming South is ready for development with entitlements in place and utilities stubbed to the site.

Old Sawmill District is a two-minute walk from Ogren Park at Allegiance Field, Silver Park, and paved trails that extend for miles. Downtown Missoula, with its numerous restaurants, galleries, and business life, is also a short walk or bike ride away.

Location Description

Wyoming Street, near the Clark Fork River

Property Highlights

    • Prime location in Missoula, MT
    • Desirable mixed-use master planned community with high-quality existing development
    • Proximity to local amenities and transportation - easy walk to the heart of downtown Missoula

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

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