Burlington Square

2420 Burlington Avenue, Missoula, MT 59801
Status: Closed
Year Built: 1997
For more information please contact:
brandon@lihtcadvisors.com
In Cooperation with:
  • Senior LIHTC Property for Ages 55+ Located within Minutes From Shopping, Healthcare, and the Missoula Senior Center
  • Strong AMI Growth in Missoula County with a 18.9% Increase Since 2016
  • The City is Home to the University of Montana, Which is also the City’s Largest Employer
# of Units: 51
# of Buildings: 1
# of Stories: 3
Rentable SF: 31,320
Lot Size: 2.152 Acres

Highlights:

  • Senior LIHTC Property for Ages 55+ Located within Minutes From Shopping, Healthcare, and the Missoula Senior Center
  • Strong AMI Growth in Missoula County with a 18.9% Increase Since 2016
  • The City is Home to the University of Montana, Which is also the City’s Largest Employer

Description:

Burlington Square Apartments is a 51-unit affordable housing community for seniors ages 55 and older, located in Missoula, MT. The property is conveniently located within minutes to the Community Medical Center Hospital, Southgate Mall, Highways 93 & 12, the Missoula Senior Center, and minutes from several golf courses and an array of outdoor recreation.

The property was built in and placed in service in 1997 under the Section 42 Low-Income Housing Tax Credit (LIHTC) program. There is an existing regulatory agreement in place which requires all units to be rented to income qualifying residents earning no more than 50% and 60% of Area Medium Income (AMI) limits, which are provided by the Montana Board of Housing. The property is beyond its initial tax credit compliance period.

Burlington Square offers one and two bedroom apartment homes featuring a full appliance package. Residents enjoy secure access, a community room with activities, a community garden, picnic/bbq area, on-site laundry facilities on each floor, elevators, and walking paths throughout the well manicured grounds.

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