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Wagon Trail Properties - West Billings 2 Industrial Properties Offered at $2,300,000 in Billings, MT

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INVESTMENT HIGHLIGHTS

  • Excellent exposure on King Ave west

EXECUTIVE SUMMARY

Strategic Location: Situated in a thriving commercial area of Billings, these properties offer excellent visibility and accessibility.
Investment Opportunity: With a 5% cap rate, these properties provide a solid return on investment, ideal for savvy investors.
Versatile Spaces: Suitable for a variety of commercial uses, ensuring long-term value and flexibility.
Lot Size: 0.532 Acres per building
Year Built: 2014
Building Structure Type: Flex Warehouse
Total Building Area: 8,400 Sq Ft per Building
Use: Flex Warehouse
Construction: Pre-engineered Steel
3 overhead doors per building - 12X14 and 3 man doors
Ceiling hight 16ft

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

ANNUAL
Gross Rental Income $139,140
Other Income -
Vacancy Loss -
Effective Gross Income $139,140
Taxes $14,398
Operating Expenses $7,626
Total Expenses $22,024
Net Operating Income $117,116

TAXES & OPERATING EXPENSES (ACTUAL - 2023)

Gross Rental Income
Annual $139,140
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual $139,140
Taxes
Annual $14,398
Operating Expenses
Annual $7,626
Total Expenses
Annual $22,024
Net Operating Income
Annual $117,116

PROPERTY FACTS

Price $2,300,000
Price / SF $136.90 / SF
Cap Rate 5.09%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,800 SF
Total Land Area 1.04 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
6512 Wagon Trail, Billings, MT 59106 Industrial 8,400 SF 2014 -
Stensrud Properties
6508 Wagon Trl, Billings, MT 59106
Industrial 8,400 SF 2017 -
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  • Listing ID: 32618853

  • Date on Market: 7/29/2024

  • Last Updated:

  • Address: Wagon Trail Properties - West Billings, Billings, MT

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