For Sale
$400,000

847 Toy Storage StBillings, MT 59106

Three-unit shop, high ROI potential.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 2023-built self-storage facility in Billings, Montana presents a lucrative investment opportunity. The property, located at 847 West Toy Storage street, 59106, encompasses a 10,410 square foot lot and features a single, one-story building totaling 4,320 square feet of net rentable space. The building houses three independent units, each measuring 24 feet by 60 feet, offering ample space for various uses. Each unit boasts 16-foot side walls, providing generous vertical storage capacity. Modern amenities include full insulation, energy-efficient LED lighting, electrical receptacles, and a 14' x 14' overhead door for convenient access. While a gas-forced air heater is not yet installed, the infrastructure is in place. Currently, comparable units in the area command approximately $750 per month in rental income, suggesting strong potential for positive cash flow. The property benefits from easy access via King Ave. An annual HOA fee of $400 is in place. The asking price is $400,000, translating to $92.59 per square foot and $133,333.33 per unit. This represents a compelling opportunity for investors seeking a high-return, low-maintenance asset in a desirable Montana location. The property's new construction and modern features ensure long-term value and appeal to a wide range of tenants.

Highlights

  • Asking price: $400,000 for a 2023-built, 4,320 square foot self-storage facility in Billings, MT.
  • Three individual units, each 1,440 square feet (24' x 60'), with 16-foot ceilings.
  • Located on a 10,410 square foot lot at 847 West Toy Storage Street, Billings, MT 59106.
  • Price per square foot: $92.59; Price per unit: $133,333.
  • Features include fully insulated units, LED lighting, receptacles, 14' x 14' overhead doors, and gas-forced air heaters (to be installed). Annual HOA fee: $400.

Property Details for 847 Toy Storage St

Property type
Self storage facilities
Square Feet
4,320 SF
Year Built
2023
Buildings
1
Stories
1
Units
3

Location Insight

City
Billings
County
Yellowstone
State
Montana
Latitude
45.7541221
Longitude
-108.7289389
847 Toy Storage St, Billings, Montana

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847 Toy Storage St
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