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Infill Development Site Entitled for 144 Units

225 N 8th Street, Hamilton, Montana, 59840
For Sale

Property Details

  • Price: $2,400,000
  • Property Type: Land, Multifamily, Medical
  • Availability: Available
  • Transaction Type: For Sale
  • Lot Size: 4.62 AC
  • Property Sub Type: Multi-Family, Medical
  • Zoning Description: PS-Professional Services Business

Property Description

SterlingCRE Advisors is pleased to present a fully entitled residential development opportunity in Hamilton, Montana. Zoned PS–Professional Services and governed by CUP #2022-04, this site allows for up to 144 multifamily units, with water and sewer available at the property line — streamlining development timelines and reducing pre-construction hurdles.

The property is ideally positioned for a senior living or multifamily developer looking to capitalize on the existing entitlements and maximize site density. It also presents a strong opportunity for build-to-rent single-family or townhome development, with potential to achieve densities around 15 dwelling units per acre, offering multiple development pathways to suit various strategies.

Located in a growing community with consistent residential demand, this site offers a rare chance to secure a shovel-ready parcel with strong upside potential. Whether pursuing a phased buildout or full-scale project delivery, developers will benefit from the site’s flexibility, existing approvals, and immediate infrastructure access.

With proximity to schools, healthcare, retail, and outdoor recreation, the site is well-situated to attract a range of residents — from young professionals and families to active seniors. Its strategic location, combined with ready-to-go entitlements, positions it as one of the most attractive development parcels currently available in the Bitterroot Valley.

Property Highlights

    • Suitable for high-density multifamily or lower-density residential at ~15 du/acre.
    • Entitled for up to 144 Units
    • Zoning & CUP allows senior living, multifamily, or build-to-rent townhomes.
    • Rare Large-Scale, Shovel-Ready Parcel
    • City of Hamilton Water & Sewer at Property Line

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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
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Status
Lease Expires

Totals

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Q3 2025

Bozeman Multifamily Update

SterlingCRE’s latest report distills the key shifts influencing performance across the Bozeman multifamily market and surfaces the considerations that will matter most heading into 2026.

SterlingCRE Advisors
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