803 Cerise Rd - Self-Storage Facilities FOR SALE
Billings, MT 59101 |
$1,640,000 USD
949-590-3446
803 Cerise Rd
Billings, MT 59101
HIGHLIGHTS
- HEALTHY OCCUPANCY – Currently operating at 91% unit occupancy, the facility reflects strong leasing fundamentals and consistent demand.
- STRATEGIC LOCATION – Located just North of I-90, the surrounding 5-mile trade area boasts an average household income of $80,176.
- REFURBISHED & SECURE ASSET – This property features a durable steel exterior that was refurbished in 2018 and a roof that was reshingled in 2015.
- EXPANSION POTENTIAL – With a 10.59 SF per Capita in a 5-mile radius (2024, StorTrack), the market remains stable.
- STRONG DEMOGRAPHIC BASE – The facility benefits from a stable and supportive customer base, with a population of over 110,000 within a 10-mile radius.
FOR SALE DETAILS
PRICE
$1,640,000 USD
PRICE/SF
$72 USD /SF
CAP RATE
8.03%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
U-LOCKED MINI-STORAGE
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Self-Storage Facilities
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
B
YEAR BUILT
1983
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.42 AC
LAND SF
105,415 SF
ZONING
CI
APN/PARCEL ID
03-1033-26-3-01-02-0000
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949-590-3446
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949-590-3446
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