Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a 15.99-acre development site in Bozeman, Montana that is ideally suited for modular-style construction. This rare opportunity allows a developer to leverage the speed, cost efficiency, and scalability of modular development to meet the surging demand in one of the fastest-growing cities in the United States. Strategically positioned and highly visible, the site offers an exceptional platform to deliver housing or mixed-use products faster than traditional construction, capitalize on strong market fundamentals, and achieve accelerated time to market in a supply-constrained environment. In Bozeman, there is strong demand for attainable residential products that address the growing need for entry-level ownership and rental housing, including townhomes and single-family homes. This reflects broader demographic preferences in Bozeman, where detached homes and townhomes remain the dominant product types among buyers, and missing middle housing is increasingly discussed as a critical tool to enhance affordability and community character. To meet these market realities, a for-sale or for-rent residential development oriented around modular construction. Modular housing offers significant advantages for both developers and end users: Cost Efficiency: Modular construction can reduce labor and material costs, increase project predictability, and shorten the overall development timeline compared to traditional stick-built construction. Scalability: The modular approach is well suited to producing diverse housing types — from townhomes to single-family homes — that appeal to a broader market. Affordability: Lower construction costs and faster delivery can improve the financial viability of entry-level housing, making homes more attainable for local households. By aligning the site’s potential with current market demand, affordability priorities, and emerging best practices in residential development, this offering presents a compelling opportunity for a developer or investor to create a differentiated, economically sound community that serves unmet housing needs in the Bozeman area. FOR FULL STUDY MATERIAL, PLEASE CLICK THE LINK BELOW TO GAIN ACCESS TO THE DEAL ROOM: https://www.marcusmillichap.com/properties/129103/bozeman-mixed- use-master-plan-community • Site Plans • Utility Information • Entitlement Information • Annexation Material • Zoning and Land Uses