743 Lake Elmo Dr Billings, MT 59105

Listing agency SkyView Advisors Show Phone

Listed by Scott Schoettlin · License #FL SL3426060

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:52PM Checked: Jul 21 at 1:52PM

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Investment Insights

Based on property information with market context.

This self-storage facility is presented as a 99% occupied property. The offering also notes an opportunity to increase revenue by implementing a tenant insurance program and the ability to raise rental rates by 23% to reach a stated market level.

The facility is described as being in direct view off Hilltop Road, with over 11,600 vehicles per day reported. The seller further states there is no planned or new self-storage construction in the five-mile radius, and cites high population growth of 1.19% in the one-mile radius.

Overall, the property is being marketed as an established storage asset with strong near-term operating occupancy and limited nearby new supply per the seller’s disclosures.

Key Highlights

• Self‑storage facility reported as 99% occupied
• Direct view from Hilltop Road with over 11,600 vehicles per day
• No planned or new self‑storage construction reported in the five‑mile radius

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FAQs

What type of property is this?

Self storage facility - Seller reports a 99% occupied self-storage facility with direct road visibility and no planned new construction nearby.

Where is this self storage facility located?

The property is located at 743 Lake Elmo Dr Billings, MT.

What are key features of this property?

This property features: Self‑storage facility reported as 99% occupied; Direct view from Hilltop Road with over 11,600 vehicles per day; No planned or new self‑storage construction reported in the five‑mile radius