151 Bolinger RdBelgrade, MT 59714

  • Mixed-use properties
  • 70,373 SF
For Sale
$9,250,000 View listing

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.

151 Bolinger Rd, Belgrade, Montana

Location Insight

City
Belgrade
County
Gallatin
State
Montana
Latitude
45.7898
Longitude
-111.203

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