151 Bolinger RdBelgrade, MT 59714

Property Details for 151 Bolinger Rd

Lot size

8.54 AC

Property size (Sq ft)

70,373 SF

Property type

Warehouses

Property subtype

Office properties

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

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