Engineered Steel Storage
8103 Rosebud Drive Unit 22A Billings, MT 59106
8103 Rosebud Drive Unit 22A, Billings, MT, 59106
$113,000
For Sale
$113,000
Large engineered steel storage buildings with roll-up garage doors, interior insulation, and gated, fenced, camera-monitored access.
Property Size1,152 SF
Price / SF$98.09
Days on Market97
Property Features for 8103 Rosebud Drive Unit 22A
General Information
- Standard status
- Active
- Size
- 1,152 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 2025
Listing agency
eXp Realty, LLC
(406) 633-1655
Listed by
Jana May · License #RRE-BRO-LIC-63128
Source
Careychapman
Added: Apr 16 Updated: Jul 21 at 6:49AM Checked: Jul 21 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC
Investment Insights
Based on property information with market context.
New storage and shop buildings are constructed with an engineered steel frame on concrete foundations and 5-inch rebar-reinforced slabs. Each building is divided into multiple units measuring 24'-x48' units or other configurations, with the option to co-join units to create larger spaces such as 24'x96', 48'x48', 72'x96', or a fully open 96'x96' layout. Finished units include 1- 14' x 14' garage door with electric opener, a steel door, a natural gas hanging heater, bright LED ceiling lights, and 110V plugins, with the ability to add 30-amp or 50-amp plugs. Units also feature R-41 insulation and white metal liners on interior walls.
The property is located at 8103 Rosebud Drive, Unit 22A, in Billings, MT. The community is gated with fenced perimeter security and cameras at each gated entrance, with paved roads throughout. Community bathrooms are available. The annual HOA is $625/year and includes structural insurance. Multiple units are available within the buildings described.
The property is located at 8103 Rosebud Drive, Unit 22A, in Billings, MT. The community is gated with fenced perimeter security and cameras at each gated entrance, with paved roads throughout. Community bathrooms are available. The annual HOA is $625/year and includes structural insurance. Multiple units are available within the buildings described.
Key Highlights
- 2025 engineered steel frame buildings on concrete foundations and 5" rebar‑reinforced slabs
- 96' x 96' or 72' x 96' buildings, divided into 8 units with 24' x 48' unit sizing options
- Units can be co‑joined for larger layouts (24' x 96', 48' x 48', 72' x 96', or open 96' x 96')
Local Financial Insights For Self Storage
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $14.5k | $12.60 |
| − Vacancy | −$1.0k | −$0.88 |
| EGI | $13.5k | $11.72 |
| − OpEx | −$4.0k | −$3.52 |
| NOI | $9.4k | $8.20 |
1,152 SF · lease $12.60/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$135.0K
$118.1K – $157.5K
NOI $9,449 @ 7.0% cap · market cap 8.36%
Second Best
Warehouse
$107.5K
$94.1K – $125.4K
NOI $7,526 @ 7.0% cap · market cap 6.66%
Theoretical Best
Office A
$251.4K
$219.9K – $293.3K
NOI $17,595 @ 7.0% cap · market cap 15.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self storage facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Self storage facility - Large engineered steel storage buildings with roll-up garage doors, interior insulation, and gated, fenced, camera-monitored access.
Where is this self storage facility located?
The property is located at 8103 Rosebud Drive Unit 22A Billings, MT.
What is the asking price?
The asking price for this property is $113,000.
What are key features of this property?
This property features: 2025 engineered steel frame buildings on concrete foundations and 5" rebar‑reinforced slabs; 96' x 96' or 72' x 96' buildings, divided into 8 units with 24' x 48' unit sizing options; Units can be co‑joined for larger layouts (24' x 96', 48' x 48', 72' x 96', or open 96' x 96')
