Montana CommunitiesProperties1109 & 1143 Thomas Drive

1109 & 1143 Thomas Drive$6,500,000

Bozeman, MT

8.24 ACRES

$6,500,000

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Property Details

BIG PICTURE

LAND

8.24

ACRES

Description

Thomas @ 27th is a well thought out and incredible multi-family development opportunity on over 8 acres on two separately deeded parcels in the rapidly growing N 19th corridor. This project is near full entitlement for a 224 unit complex with a 2+ acre park. The site works well with the neighboring development and is situated near Costco, Target, Winco Foods, Billings Clinic, Best Buy and numerous other commercial amenities. It is also near Emily Dickenson Elementary, Chief Joseph Middle and Gallatin High Schools. The property has commanding Bridger and Gallatin Range views and intersects with the planned PROST trail system. This project offers a great opportunity with much needed higher density housing and has an option for "affordable housing" incentives. The project is comprised of 4 beautifully designed buildings with studio, one and two bedroom units. Utilize the work that has been done to date to finalize this plan with the city and be ready to break ground in 2025. There are two existing single family homes and a large shop on on the property that are being sold "AS IS". A robust document package is available for review by qualified buyers. Don't miss this rare infill offering that is near final approval!

PRICE

$6,500,000

FEATURES

    • MLS #: 396569
    • Lot: 358,934.40 sqft
    • Land

Nearby Properties

Listed By: Michael Blevins, Michael Blevins Real Estate

Co-Listed By: Jason Basye, Bozeman Real Estate Group