151 Bolinger RdBelgrade, MT 59714
- Mixed-use properties
- 70,373 SF
Property Details for 151 Bolinger Rd
- Lot size
- 8.54 AC
- Property size (Sq ft)
- 70,373 SF
- Property type
- Mixed-use properties
- Property subtype
- Other warehouses
Description
This exceptional 70,373 square foot industrial property in Belgrade, Montana, presents a unique investment opportunity. Comprising 17 buildings on an 8.54-acre lot, the portfolio includes 196 self-storage units boasting 98-100% occupancy, a 6,600 square foot shop with integrated office space, and two successful vacation rentals (VRBOs). One VRBO is a 5,400 square foot custom home accommodating over 20 guests, while the other is located in a separate building. Both VRBOs have a strong rental history, consistently exceeding 60% occupancy. The property's strategic location just west of Belgrade's rapidly expanding area and its proximity to Yellowstone International Airport further enhance its appeal. The asking price is $9,250,000, representing a 5.86% capitalization rate and a NOI of $541,738. The property's diverse income streams, high occupancy rates, and prime location make it an attractive investment prospect with significant potential for future growth. The property is classified as industrial, mixed-use, office, and self-storage, with a flex/warehouse subtype. The price per square foot is $131.44.
Location Insight
- City
- Belgrade
- County
- Gallatin
- State
- Montana
- Latitude
- 45.7898
- Longitude
- -111.203
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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