The Cushman & Wakefield Mountain States Multifamily Advisory Group is pleased to present the exclusive listing of the 69-unit Ashlyn Place apartment community located in Missoula, MT. The asset has demonstrated exceptional operational performance over the trailing twelve months, maintaining an average occupancy above 96% while achieving year-to-date trade-outs of 5.7%. Located in one of the fastest growing MSAs in the interior northwest, Ashlyn Place benefits from a premier demographic landscape highlighted by steady population growth, a competitive single family housing market, top-tier public school system and impressive multifamily metrics. Asking rents across the Missoula market are projected to increase by over 20% by 2030 with occupancy expected to climb to nearly 97%. Situated immediately off the Milwaukee Trail, a 3-mile paved multi-use path, residents of Ashlyn Place have premier connectivity to Downtown Missoula, the University of Montana and ample recreational parks and ancillary trails.
Address: 155 N California St Missoula, MT 59801
Call for Offers Deadline: June 25th
Tour Dates: June 10th, 11th, 22nd & 23rd
County: Missoula County
Number of Units: 69 Units
Year Built: 2013
Rentable Area: 61,053 SF
Site Size: 1.55 Acres
Occupancy* 96%
View OM: https://multifamily.cushwake.com/Listings/31975