Newmark, as the exclusive advisor to the Seller, is pleased to present the opportunity to acquire a premier residential mixed-use development site within Lenhardt Square (the “Property” or “Site”), a coveted master planned community located in Billings, Montana.
The expansive 24.8 acres of generational real estate is fully entitled and lies prominently along King Avenue in the Billings West End, a highly sought-after, mixed-use corridor presenting developers with a compelling opportunity to meet the heightened demand for quality living solutions in a demonstrably under-supplied market. The Property is situated within Montana’s most populous city and is surrounded by increasing demand drivers amplifying the need for residential development within a mixed-use setting.
Thoughtfully master planned as a legacy to the Lenhardt family, developers are presented with a clear and unrestricted path to develop Lenhardt Square’s final 25-acres, strategically reserved to capitalize on the location’s rapidly expanding mixed-use ecosystem.
The Property is being offered in its entirety as a preferred single sale transaction. The Seller will consider a sale of smaller parcels.