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31792695
31792774

1205 RIZZO LN, BELGRADE, MT 59714

MG
AZ SA704393000, NE 20220840 (+2)
Matthews
Listed by Matthews
$7,220,000
49 days on market
Updated 33 days ago

At Home Storage

Details
APN 06-1010-35-1-17-01-0000
Property Type Self Storage
Square Footage 95,660
Units 601
Occupancy 44%
Price per SqFt $75
Class A
Year Built 2020
Year Renovated 2023, 2024
Buildings 27
Stories 1
Acreage 7.020

601 Units | 95,660 NRSF | Class A | Traditional Drive-Up | On-Site Office

Investment highlights

At Home Storage presents the opportunity to acquire a 95,660 NRSF, 601-unit traditional drive-up self-storage facility situated on 7.02 acres in the rapidly growing Belgrade submarket of the Gallatin Valley. The property is strategically located near the Bozeman Yellowstone International Airport and is surrounded by numerous single-family residential communities and high-end multifamily developments, positioning it directly in the path of continued population growth and demand.

Constructed across three phases between 2020 and 2024, the facility features high-quality construction, including fully paved drives, fenced and gated access with keypad entry, and a front office, and is being offered at a basis at or near replacement cost. The asset is currently progressing through lease-up, providing investors with a clear path to stabilization in a market where competing facilities report occupancy levels near 90%+.

The investment offers a compelling value-add opportunity through continued lease-up, rental rate growth, and the implementation of ancillary income streams, including tenant insurance, administrative fees, and other standard revenue enhancements. At Home Storage is well-positioned for an experienced operator to capitalize on both near-term operational upside and long-term demand fundamentals within one of Montana’s most dynamic growth markets.

Listing Contacts

MG
AZ SA704393000, NE 20220840 (+2)
Matthews
Listed by Matthews

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Additional Information

Name
Brian Brockman
License
RRE-BRO-LIC71129 (MT)
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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