Property 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 or pivot to your preferred plan with a jump start. Another great positive of this project is the improvement of Thomas Dr that is being converted to N 27th offering great access and visibility for this property. The construction of this road is underway with completion expected later in the summer of 2026 at the expense of the City of Bozeman. 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.