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Executive Summary
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
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
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 69 | Lot Size | 1.50 AC |
| Property Type | Multifamily | Building Size | 109,521 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2014 |
| Zoning | 5 | ||
| Sale Type | Investment |
| No. Units | 69 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 1.50 AC |
| Building Size | 109,521 SF |
| No. Stories | 4 |
| Year Built | 2014 |
| Zoning | 5 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Freezer
Site Amenities
- 24 Hour Access
- Property Manager on Site
- Storage Space
- Elevator
- Maintenance on site
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 728 |
| 2+1 | 67 | - | 849 - 1,040 |
| 3+2 | 1 | - | 1,258 |
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Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 04-2200-21-2-03-01-0000 | Improvements Assessment | $15,214,680 CAD |
| Land Assessment | $2,670,057 CAD | Total Assessment | $17,884,736 CAD |
Property Taxes
Parcel Number
04-2200-21-2-03-01-0000
Land Assessment
$2,670,057 CAD
Improvements Assessment
$15,214,680 CAD
Total Assessment
$17,884,736 CAD
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Ashlyn Place Apartments | 155 N California St
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