Berkadia Boise Investment Sales is pleased to present the exclusive listing of North Russell Apartments, a 54-unit garden-style community located in Missoula, Montana. Built in 1997, the property offers studio, one-bedroom, and two-bedroom floor plans ranging from 450 to 820 square feet across multiple two-story buildings. With an active renovation program underway and preliminary city approval to build 32 new units to the existing site, North Russell presents a well-defined, two-stage value-add opportunity. The community has undergone a proven value-add execution, with 22 units fully renovated featuring new luxury vinyl plank flooring, updated cabinetry, fresh paint, and new appliance packages. Of the remaining 32 units, 3 have been lightly updated, 14 have received classic turns, and 15 remain in original classic condition representing the next operator’s immediate renovation runway. On-site amenities include a shared laundry facility, additional resident storage units, and off-street parking across tree-lined, pet-friendly grounds. The North Russell Street location places residents 2.4 miles from downtown Missoula and within proximity to the University of Montana, Providence St. Patrick Hospital, and Community Medical Center, the metro’s three largest employers. The Westside neighborhood provides convenient access to the Clark Fork River corridor and the retail and dining along Brooks Street, supporting consistent demand from the educated workforce and student-adjacent renter base that characterizes the Missoula market.