Gated Self-Storage Building with Garage
For Sale
$113,000
8103 Rosebud Drive Unit 22B, Billings, MT 59106
Engineered steel buildings on concrete slabs offer divisible units with electric garage doors and natural gas heaters.
Property Size1,152 SF
Price / SF$98.09
Days on Market106
Property Features for 8103 Rosebud Drive Unit 22B
General Information
Standard status
Active
Size
1,152 SF
Property subtype
Warehouse
Building Details
Building Size
1,152 SF
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
Changed: Jul 26
Last Checked: Jul 29 at 11:01AM
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 shop or storage space in engineered steel frame buildings, offered as large-format configurations such as 96' x 96' or 72' x 96'. Each building sits on concrete foundations with 5" rebar-reinforced slabs and is divided into smaller units ranging from 8' to 24' wide by 48' deep. Units can be co-joined to create larger spaces, including 24' x 96', 48' x 48', 72' x 96', or an open 96' x 96' configuration.
Each finished unit includes a 1–14' x 14' garage door with an electric opener, a steel door, a natural gas hanging heater, LED ceiling lighting, and six 110V plug outlets (with the note that 30-amp or 50-amp plugs can be added). Interiors feature R-41 insulation in the ceiling and white metal liners on all interior walls, along with bright community bathrooms. The community is gated with cameras at each gated entrance, and the perimeter is fenced with paved roads throughout. Multiple units are available. Annual HOA is $625/year and includes structural insurance.
Each finished unit includes a 1–14' x 14' garage door with an electric opener, a steel door, a natural gas hanging heater, LED ceiling lighting, and six 110V plug outlets (with the note that 30-amp or 50-amp plugs can be added). Interiors feature R-41 insulation in the ceiling and white metal liners on all interior walls, along with bright community bathrooms. The community is gated with cameras at each gated entrance, and the perimeter is fenced with paved roads throughout. Multiple units are available. Annual HOA is $625/year and includes structural insurance.
Key Highlights
- New 2025 engineered steel frame shop/storage buildings on concrete foundations with 5" rebar‑reinforced slabs
- Each building offers multiple divisible units (8 units total) with unit sizes up to 96'x96' when fully opened or co‑joined
- Finished units include a 14' x 14' garage door with electric opener, plus one steel door
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 authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
238
Businesses Nearby
Explore this area
Business Placement
Demographics for 59106, MT
20,681
Population
8,164
Households
2.5
Avg Household Size
40
Median Age
52%
College-Educated
98%
High-School Grad
112.0 sq mi
ZIP Area
185
Density / Sq Mi
$122,374
Median Household Income
$52,380
Median Earnings
$1,380
Median Rent
$483,100
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Self storage facility - Engineered steel buildings on concrete slabs offer divisible units with electric garage doors and natural gas heaters.
Where is this self storage facility located?
The property is located at 8103 Rosebud Drive Unit 22B 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: New 2025 engineered steel frame shop/storage buildings on concrete foundations with 5" rebar‑reinforced slabs; Each building offers multiple divisible units (8 units total) with unit sizes up to 96'x96' when fully opened or co‑joined; Finished units include a 14' x 14' garage door with electric opener, plus one steel door
