Missoula Apartment Vacancy Rate for 2021 As the vacancy rate continued to drop in Missoula in 2021, we checked back in with the midyear report on multifamily properties. The vacancy rate for apartments came in at 0.38%. At under one percent, Missoula is far from a healthy apartment vacancy rate of closer to four to five […]
Missoula Vacancy Rate Falls in Midyear 2021 Read More »
How Can Missoula Get More Housing in Development? Our most recent point in time survey shows an apartment vacancy rate of .38% in Missoula. Not only is housing hard to come by, it’s expensive – not just to buy or rent, but expensive to build. But there are solutions to the housing development conundrum in
Bulking Up the Missoula Housing Development Pipeline Read More »
Missoula Apartment Market Update [download_after_email id=”1768″] Missoula’s apartment vacancy rate has dropped to a low of .95% in a survey of multifamily housing. The survey was conducted by Sterling Commercial Real Estate Advisors (Sterling CRE). The survey captured a snapshot of the market in December 2020. Looking at 2020 survey data, apartment vacancy sat at
Missoula Apartment Market Outlook | Q4 2020 Read More »
As of April first this year, eleven commercial office transactions had been completed in Missoula County. Since a typical year sees about 30 total office building deals, 2020 looked to be a normal – and perhaps even busy – year for the office market. Even as 2020 looked to be a busy year, the majority
Market Report: Missoula Commercial Office Read More »
Research Confirms Missoula Apartment Vacancy Woes A survey of over 5,600 market rate apartment units in Missoula found a vacancy rate of 1.2%. The survey also found increasing rents and no incentives. “Last year at this same time, the vacancy rate was 3.3%,” said Matt Mellott of Sterling CRE Advisors. “Everyone in the rental market
Missoula Apartment Vacancy Report | Q3 2020 Read More »
Montana Self Storage Insights from Claire Matten, CCIM Almost from the start, 2020 has been clouded with uncertainty. And though so much still feels unclear in Q3, Montana self storage is a safer place than ever to invest. As PPP money runs out, shutdowns persist, and unemployment sputters along many feel lost in the woods
Investors Bullish Montana Self Storage Read More »
Missoula’s apartment market waged a solid performance in the second quarter of 2020. What’s the upshot? Limited New Apartments In the first half of 2020, 82 units have delivered. An additional 90 are under construction. Missoula’s apartment market is on pace to see a 35% decrease in deliveries over 2019. Vacancy Rate Stable The second
Missoula’s Apartment Market Research Read More »
Interested in the latest research on Missoula’s Industrial Real Estate Market? Market Activity Missoula’s industrial market has been active with transactions throughout 2019. A lull in Q1 2020 transactional volume was mainly driven by pandemic-related concerns, though that has been true across all asset types. Of all real estate asset types, industrial is expected to
Missoula’s Industrial Real Estate Market Update Read More »
2019 was a busy year for Missoula’s apartment market, after a slow 2018. Job growth and the resulting population growth has driven demand for housing in Missoula. Single family housing has not kept pace with demand, pushing more people into apartments. We anticipate that the market will be strong, with rent growth likely in the
Missoula Apartment Investor Report – Year End 2019 Read More »
Receive current data & quarterly reports on the Self Storage Market in Missoula and throughout Montana! Sign Up Here For Our Newsletter! WAYS TO MAXIMIZE VALUE WHILE THE MARKET IS HOT While cap rates have stabilized over the past quarter, the recent drop in interest rates could cause some compression as investors take advantage of
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