1455 Date St - Huntley Storage Units 12,490 SF Specialty Building Offered at $1,050,000 at a 6.86% Cap Rate in Huntley, MT 59037




INVESTMENT HIGHLIGHTS
- Contract for Deed Possible!
- 5 trailer pads
- 4 storage unit buildings totaling 74 units
EXECUTIVE SUMMARY
C4D Possible!!! Seller will pay for chain link perimeter fencing with drive in gate with full price offer. Only one rent increase in 8 yrs (up 10%). Biggest needed upgrade - professional management & perimeter fence. This multi-purpose investment property has a current CAP Rate 7%, 10.5% CAP if fully rented. 74 units (80 units possible by adding walls on larger units) & 5 RV rental spaces on City water!! 4 Storage unit buildings: Building 1 - built 2002, 12 units, 2,420 sf; Building 2 - built 2004, 20 units, 3,520 sf; Building 3 - built 2005, 18 units, 3,850 sf, Building 4 - built 2013, 24 units, 2,700 sf. The RV park has 2 long term tenants renting at $500/month each, 1 other tenants renting for $700/month & 2 vacant. Ask agent for details! All info from 3rd party sources & deemed reliable. Info subject to change & not guaranteed or warranted. Buyer & buyer’s agent to verify all info.
PROPERTY FACTS
1 of 1
PROPERTY TAXES
Parcel Number | 03-1134-25-4-80-18-0000 | Improvements Assessment | $475,297 |
Land Assessment | $45,803 | Total Assessment | $521,100 |