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  • For sale
Icon Apartment Homes at Ferguson Farm | Under Contract - #1

Icon Apartment Homes at Ferguson Farm is a Class A, luxury community built in two phases in 2020 and 2021. The fully-stabilized 336-unit property is located in the desirable Ferguson Farm neighborhood in Bozeman, Montana, and is adjacent to multiple new restaurants and retail stores in the growing “West End.” Built to cater to an affluent renter demographic, the one-, two- and three-bedroom property features high-end finishes and luxury amenities, including a resort-style pool with cabanas, state-of-the-art fitness center, sports simulator, package locker, dog park, and more.

Rated the #1 best place to live in Montana, Bozeman is one of the hottest markets in the country and a magnet for young professionals and families seeking a live-work-play lifestyle and access to outdoor recreation. From 2010 to 2020, Bozeman’s population increased an incredible 43%, four times faster than the rest of Montana. Year-over-year rent growth topped 13.1%, while projected 2022 occupancy remains above average at nearly 97%. Significant barriers to entry limit future multifamily development, making Icon at Ferguson Farm well-positioned to profit from the continued growth of the Bozeman market.