15267 Mullan Rd Missoula, MT 59808
This exceptional Missoula, Montana investment property offers a compelling blend of established income streams and significant growth potential. Priced at $5,180,000, this Class A asset boasts a 6.85% cap rate based on 2024 projected income and expenses. The property encompasses a 244-unit, 49,000 square foot self-storage facility currently operating at over 90% occupancy, providing stable and secure rental income. In addition, a fully occupied 22-pad mobile home park contributes to the consistent cash flow. A charming three-bedroom, two-bathroom farmhouse offers further income potential, serving as workforce housing or on-site management accommodation. The property also includes a 40x60 insulated and heated shop, a 30x30 pole barn, and on-site broadband access via an ISP relay. Situated on 10.03 acres in the Frenchtown area, with convenient access to I-90, this property presents a rare opportunity to acquire a diversified, high-performing investment with immediate cash flow and substantial long-term growth prospects. Built in 2018, the property's strategic location within Missoula Valley's growth trajectory ensures continued strong demand. The possibility of acquiring intellectual property and continued turnkey management may be negotiated separately.
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Mullan Trail Mini Storage - NOW PLUM STORAGE!! Storage Facility
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Plum Storage Storage Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.