Overview

Description

Featuring 144 apartment units & 32 townhomes, this impressive property in the Billings area is a remarkable investment opportunity for multifamily/high-rise investors. Boasting a prime location, this property offers a blend of modern amenities. With multiple layouts and strategic positioning, it presents an attractive option for those seeking to enter or expand their presence in the multifamily real estate market. This property is poised to deliver a seamless living experience, making it an ideal choice for investors looking to tap into the potential of the thriving Billings area.

Seller will deliver the property fully re-zoned and entitled for, build-to-rent townhomes and garden style apartments, or the buyer may take over the entitlement process and submit applications for alternate product type that fits the zoning designation.

Discover the potential of this prime West End location in Billings, Montana. Situated in the heart of the city, this development offers a gateway to endless possibilities. Embrace the allure of this vibrant neighborhood. Nearby shopping, bike trails, golfing, and other amenities add to the appeal, making it an ideal setting for a new development project. This is your chance to be part of a thriving community and shape the future of Billings.

Highlights

• Multifamily development land located in an expanding area of Billings
• 176 total units - 144 apartments & 32 townhomes
• Zoned NX1 & NX3 for multifamily/high-rise development, which allows 32 townhomes & 156 multifamily units (maximum density 188 units)
• Situated on 7 acres of build-ready land
• All utilities are at or near the site
• Seller will deliver the property fully rezoned & entitled for build-to-rent or sale townhomes & garden style apartments
• Proformas available upon request
• Easy access to grocery, hardware, restaurants, golf, & other amenities
• Thoughtfully designed development for multifamily investment
• Plan includes on-site off street parking with dedicated areas for each residence
• Tax Code: D04783A

Documents

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