Infill Development Site Entitled for 144 Units

Property Description

SterlingCRE Advisors is pleased to present a fully entitled residential development opportunity in Hamilton, Montana. The property is zoned PS – Professional Services, which allows residential development at a base density of approximately 15 dwelling units per acre. Importantly, the site is further entitled under an approved Conditional Use Permit (CUP #2022-04) that authorizes development of up to 144 multifamily units, providing a meaningful density increase beyond the underlying zoning.

This existing CUP positions the property as a highly compelling opportunity for multifamily or senior housing developers seeking a clear entitlement path and the ability to maximize unit count. With water and sewer available at the property line, the site offers reduced development risk and an accelerated timeline to construction.

Located in a growing community with consistent residential demand, this shovel-ready parcel allows developers to capitalize on approved high-density entitlements without the uncertainty of a new CUP process. The combination of established zoning, approved multifamily density, and immediate infrastructure access creates a rare opportunity in the Hamilton market.

With proximity to schools, healthcare, retail, and outdoor recreation, the site is well positioned to support a successful multifamily project serving a broad tenant base. The approved 144-unit entitlement, coupled with strong local fundamentals, makes this one of the most attractive multifamily development opportunities currently available in the Bitterroot Valley.