60-Unit Storage Facility For
125 S 80th St W Billings, MT 59106
125 S 80th St W, Billings, MT, 59106
Contact for pricing
For Sale
Contact for pricing
60-unit storage facility with secure perimeter fence and central restrooms.
Property Size1,152 SF
Price / SF$84.64
Days on Market1506
Property Features for 125 S 80th St W
General Information
- Standard status
- Active
- Size
- 1,152 SF
- Property subtype
- Mixed Use, Self Storage
Building Details
- Year Built
- 2021
Listing agency
U Bar S Real Estate
(406) 652-1151
Listed by
Jon Ussin · License #MT 4106
Source
Crexi
Added: Jun 7, 2022 Updated: Jul 6 at 8:16AM Checked: Jul 21 at 5:03AM
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 U Bar S Real Estate
Investment Insights
Based on property information with market context.
This property features 60 storage units, each measuring 24 x 48 feet. The duplex units are constructed with a firewall between them, with each building measuring 48 x 48 feet. Security is enhanced by a key-pad entry system and a secure perimeter fence. The property includes central restrooms for convenience. The wood-frame buildings are finished with colored metal inside and out. Each unit is equipped with a 14-foot high overhead door, 14 feet wide, plus a 3-foot walk-in door. The interiors are metal-lined and feature concrete floors and front aprons. Heating is provided by ceiling-hung natural gas forced-air heaters. Annual association fees are $975 per year, which includes insurance.
Key Highlights
- Secure perimeter with key pad entry and secure perimeter fence
- Large 24 X 48 unit with 14 ft. high and 14 ft. wide overhead door
- Low annual association fees: $975/year (includes insurance)
Local Financial Insights For Industrial
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 | $10.4k | $9.00 |
| − Vacancy | −$881 | −$0.77 |
| EGI | $9.5k | $8.24 |
| − OpEx | −$2.8k | −$2.47 |
| NOI | $6.6k | $5.76 |
1,152 SF · lease $9.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Self Storage
$135.0K
$118.1K – $157.5K
NOI $9,449 @ 7.0% cap · market cap 9.69%
Second Best
Industrial
$94.9K
$83.0K – $110.7K
NOI $6,641 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$251.4K
$219.9K – $293.3K
NOI $17,595 @ 7.0% cap · market cap 18.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quintessential Polishing LLC
Car Wash
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FAQs
What type of property is this?
Self storage facility - 60-unit storage facility with secure perimeter fence and central restrooms.
Where is this self storage facility located?
The property is located at 125 S 80th St W Billings, MT.
What is the asking price?
The asking price for this property is $97,500.
What are key features of this property?
This property features: Secure perimeter with key pad entry and secure perimeter fence; Large 24 X 48 unit with 14 ft. high and 14 ft. wide overhead door; Low annual association fees: $975/year (includes insurance)
