Capstone is pleased to present a Co-Development opportunity on behalf of Drake Building & Development (the “Sponsor”), to capitalize the development of The Northern, a 74-unit multifamily development located in Bozeman, MT.  Situated on 0.46 acres in the heart of the Midtown District, residents at The Northern will benefit from the area’s pedestrian-oriented environment with a convenient walk to the area’s restaurants, coffee shops, breweries, and entertainment venues. The site benefits from its location just off of Bozeman’s Main Street, providing direct access to downtown Bozeman, major highways, and public transportation; allowing residents an expedited commute to the City’s employment, entertainment, and retail hubs. The property will feature Class A finishes & amenities, including mud room entries, in-unit storage, oversized balconies & patios, rooftop lounge, and parking garage with 10 EV charging spaces.

Investment Highlights

Class A Project Located in Bozeman’s Midtown District

Proximity to the Area’s Major Economic & Employment Drivers

Undersupplied Growth Market with Exceptional Fundamentals & Demographics