1990 Rimel Rd, Missoula, MT 59803 For Sale

CBRE is proud to present Pine at Wildroot, a new multifamily development in Missoula, Montana. Developed by Rockefeller Group, which delivered in September 2025, this 203-unit Luxury Class A community sets a new benchmark for quality in the region. Designed with studio, one-, two-, and three- bedroom units, the property offers 360 degree expansive mountain views and high-end finishes with resort-style amenities and curated outdoor spaces. Pine at Wildroot has become Missoula's premier multifamily community, offering investors a rare opportunity to acquire a best-in-class property at the outset of stabilization.

Missoula continues to experience strong housing demand, supported by small city charm, excellent quality of life, great education, and diverse employment fundamentals. The University of Montana anchors the market with over 11,000 students and 1,000 faculty, providing consistent rental demand while enhancing the city's cultural vibrancy. Beyond education, Missoula has emerged as a regional hub for healthcare, government services, and technology, while maintaining its appeal as a gateway to outdoor recreation. These durable demand drivers, combined with a limited pipeline of luxury multifamily development, create favorable conditions for absorption and rent growth at Pine at Wildroot.

Lifestyle remains Missoula's greatest draw. Residents enjoy immediate access to the Clark Fork River, Blue Mountain Recreation Area, and Snowbowl ski resort all within minutes of downtown. The city blends the character of a historic Western town with modern amenities, craft breweries, and a growing restaurant and arts scene. Montana's broader appeal as a destination for high-quality living marked by lower population density, natural beauty, and a reputation for safety and community. Missoula has only strengthened post-pandemic, fueling inward migration and sustained renter demand. Pine at Wildroot is also near Missoula Airport, which means enjoying the convenience of one of the region's easiest-to-use airports serving +1 million passengers in 2024 and recently undergoing a $100 million expansion. With short lines and quick access, this growing hub not only makes travel effortless but also fuels the local economy through tourism, jobs, and business activity, adding long-term value to the surrounding community.

The Pine at Wildroot is uniquely positioned to capture this momentum. With institutional-grade design, unmatched finishes, and the strongest amenity package in the market, it will attract both young professionals and downsizing households seeking a lifestyle without compromise. Importantly, the property offers substantial upside in second-generation rents as it moves beyond initial lease-up and establishes itself as Missoula's premier rental address. The renters are seeking the best location and asset with spectacular incomes at the property – the average annual renter income is $149,000, thus allowing the opportunity for rent increases. For investors seeking a trophy-quality multifamily acquisition with immediate stability and long-term growth potential, The Pine at Wildroot stands out as a singular opportunity in the area.