Gated Storage and Shop Flex
8103 Rosebud Drive Unit 22f Billings, MT 59106
For Sale
$113,000
Engineered steel shop and storage units with private garage doors in a fenced, camera-secured, paved community.
Property Size1,152 SF
Price / SF$98.09
Days on Market105
Property Features for 8103 Rosebud Drive Unit 22f
General Information
Standard status
Active
Size
1,152 SF
Listing Agency:
eXp Realty, LLC - Billings
(406) 633-1655
Listed By:
Jana May · License #RRE-BRO-LIC-63128
(406) 633-1655
Source:
Exprealty
Added: Apr 17
Changed: Jul 10
Last Checked: Jul 29 at 4:35PM
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 - Billings
Investment Insights
Based on property information with market context.
This offering consists of large engineered steel frame buildings on concrete foundations with 5-inch rebar-reinforced slabs. Each building is divided into smaller units sized 24- by 48-foot configurations, with unit layouts designed to be co-joined to create larger spaces, including options that allow 96- by 96-foot openings. Finished units include a 14- by 14-foot garage door with electric opener, a steel door, and a natural gas hanging heater. Interior build-outs feature R-41 insulation in the ceiling, white metal wall liners, bright LED ceiling lighting, and multiple 110V plugins, with the ability to add 30-amp or 50-amp plugs. Community bathrooms are also provided.
The property is a gated community with perimeter fencing and cameras at each gated entrance. Paved roads connect the units within the development. An annual HOA of $625/year is noted and includes structural insurance.
For buyers and tenants looking for flexible storage and light shop space, the unit design supports both individual use and expansion by combining adjacent bays. The included garage door access, interior climate heating, and electrical plug capacity can support a range of storage and small work needs within a secured setting.
The property is a gated community with perimeter fencing and cameras at each gated entrance. Paved roads connect the units within the development. An annual HOA of $625/year is noted and includes structural insurance.
For buyers and tenants looking for flexible storage and light shop space, the unit design supports both individual use and expansion by combining adjacent bays. The included garage door access, interior climate heating, and electrical plug capacity can support a range of storage and small work needs within a secured setting.
Key Highlights
- Engineered steel frame buildings on concrete foundations with 5" rebar‑reinforced slabs, offered as 96' x 96' or 72' x 96' options
- Units can be configured or co‑joined into larger spaces such as 24' x 96', 48' x 48', 72' x 96', or full 96' x 96' open layouts
- Each finished unit includes a 14' x 14' garage door with electric opener plus a 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
Flex RnD
$128.5K
$112.4K – $149.9K
NOI $8,995 @ 7.0% cap · market cap 7.96%
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
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Self storage facility - Engineered steel shop and storage units with private garage doors in a fenced, camera-secured, paved community.
Where is this self storage facility located?
The property is located at 8103 Rosebud Drive Unit 22f 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: Engineered steel frame buildings on concrete foundations with 5" rebar‑reinforced slabs, offered as 96' x 96' or 72' x 96' options; Units can be configured or co‑joined into larger spaces such as 24' x 96', 48' x 48', 72' x 96', or full 96' x 96' open layouts; Each finished unit includes a 14' x 14' garage door with electric opener plus a steel door
