Self-Storage Businesses and Real Estate for Sale

421 unit Mini Storage Business and Real Estate are for Sale

Description:


*422 Unit Westbrook Mini Storage for Sale
*For Sale $4,300,000
*5.6% Cap Rate (Based on 2020 P&L)
*90,348 SF of Mini Storage Buildings
*3,304 SF 3 Bed, 2 Bath Single Family Home, 2 Car Garage + Accessory Dwelling Unit
*10.64 Acres
*Zoned I1-Light Industrial
*Excellent Location Right Off The New West Laurel Interchange
*Highway Visibility
*Buyer Could Build Additional Mini Storage Units On Excess Land
*Significant Upside Potential Via Raising Rents & Adding Buildings
*3 Bed, 2 Bath Home is Set Up For Live In, Onsite Management Office
*Accessory Dwelling Unit is Renovated and Includes Den/Exercise Room, Guest Bedroom & Sauna

NUMBER/SIZE/PRICE OF UNITS:

1 qty Shop Building 50x75 - $650/mo
1 qty Shop Building 50 x 75 - $530/mo
28 qty RV Units 12 x 35 - $160/mo
37 qty 12 x 24 - $85/mo
19 qty 10 x 24 - $80/mo
159 qty 10 x 20 - $75/mo
59 qty 10 x 15 - $65/mo
33 qty 10 x 13 - $60/mo
35 qty 10 x 10 - $55/mo
41 qty 6 x 10 - $50/mo
6 Covered Open Storage - $40/mo
3 qty 24 x 20 - $120/mo
58 qty Parking Spaces - $25/mo

Gross Potential Rent = $409,080
Gross Rent Collected (2020 P&L) = $342,463

Westbrook Storage in Laurel, MT is the ideal mini storage investment for someone who is looking to acquire a mini storage facility with upside potential. With 422 units located on 10.64 acres, there is plenty of room to add additional units. The new West Laurel highway interchange that was just completed also creates additional opportunity for rent increases due to its superior location, easy access & highway visibility.

Contact:
Nathan Matelich
Coldwell Banker Commercial
Cell: 406-781-6889

Members profile:


Advertised by: Nathan Matelich (click here to see full profile)
Email: nathan@cbcmontana.com

Ad Details


Property is For Sale
Garage Spaces (put 0 if this does not apply) 2.00
Auto Use Allowed Yes
Price $4,300,000 USD

Buildings & Land


Property Name Westbrook Mini Storage
Property Types Self/Mini Storage Facility
Land Types Industrial
Construction Status: Existing Structures

Unique Sale Issues


Type of Sale Real Estate Agency Sale

Website


Website https://cbcmontana.com/property/1524-old-hwy-10-w-laurel/

Location


Address 1524 Hwy 10
City Laurel
State MT
Postal Code 59044
Country USA
Cell Phone 406-781-6889
Fax Contact: Nathan Matelich - Coldwell Banker Commercial - Cell: 406-781-6889
Ad id: 56334021
Ad views:146

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