

Listed by Engel & Volkers Western Frontier
$1,500,000
Park River Storage
Details
APN 13176421101440000
Property Type Mixed Use, Industrial
Sub Type Warehouse, Storage
Square Footage 165,572
Units 197
Cap Rate 7.00%
Occupancy 86%
Tenancy Multi
Lease Type Net
Year Built 1992
Buildings 7
Acreage 3.801
Zoning Commercial
Parking Spaces 30 spaces
Parking Per SqFt 0.18
Investment Type Stabilized
Self Storage Opportunity located in the Bitterroot Valley Montana. Business and Real Estate included
Marketing description
Self Storage Investment opportunity available in Stevensville, Montana.
Park River Storage consists of 167 indoor units of varied sizes (constructed in 1992) and updated throughout the years. In addition to the broad variety of indoor sized units, the outdoor space currently has 30 parking spaces currently used for rentable parking spaces for boats, cars or RV's. More space can be used for this purpose if desired.
The 5 parcels (divided by Red Ranch Road) make up 3.80 acres. An office is on site.
Montana self storage market has remained resilient with steady rent and occupancy growth, and this offering allows the chance to operate a successful functioning business with potential future upside.
Nice opportunity for an owner/user or those looking for an investment. Currently only a few self storage properties available for sale in all of Montana. Both portions of the property are fully fenced, with automatic gates, security cameras, and lights to add safety.
Many units have new roll-up doors
Just East of Highway 93, near Super 1 Foods & on Stevensville Cutoff Road heading to the town of Stevensville--this property and business is ideally located.
Room for expansion and more buildings, covered parking or other indoor storage buildings allow for growth of the business.
Newer management company recently put in place to maximize efficiency
Real Estate & Business Included In Sale
Financials & Rent Roll Provided With A Fully Signed NDA
Listing Contacts


Listed by Engel & Volkers Western Frontier
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