1524 Old U.S. 10, Laurel, MT
Industrial for Sale - $4,300,000 - 93,652 Sq. Ft. on 10 acres
Property Info
CIMLS# | 1084133 |
Location 1524 Old U.S. 10 Laurel MT 59044 | |
Updated | September 13th, 2021 |
Type | Industrial |
Price | $4,300,000 |
Building | 93,652 Sq. Ft. |
Land | 10 acres |
Property Description
*422 Unit Westbrook Mini Storage for Sale
*For Sale $4,300,000
*5.6% Cap Rate (Based on 2020 P&L)
*90,348 SF of Mini Storage Buildings
*3,304 SF 3 Bed, 2 Bath Single Family Home, 2 Car Garage + Accessory Dwelling Unit
*10.64 Acres
*Zoned I1-Light Industrial
*Excellent Location Right Off The New West Laurel Interchange
*Highway Visibility
*Buyer Could Build Additional Mini Storage Units On Excess Land
*Significant Upside Potential Via Raising Rents & Adding Buildings
*3 Bed, 2 Bath Home is Set Up For Live In, Onsite Management Office
*Accessory Dwelling Unit is Renovated and Includes Den/Exercise Room, Guest Bedroom & Sauna
NUMBER/SIZE/PRICE OF UNITS:
1 qty Shop Building 50x75 - $650/mo
1 qty Shop Building 50 x 75 - $530/mo
28 qty RV Units 12 x 35 - $160/mo
37 qty 12 x 24 - $85/mo
19 qty 10 x 24 - $80/mo
159 qty 10 x 20 - $75/mo
59 qty 10 x 15 - $65/mo
33 qty 10 x 13 - $60/mo
35 qty 10 x 10 - $55/mo
41 qty 6 x 10 - $50/mo
6 Covered Open Storage - $40/mo
3 qty 24 x 20 - $120/mo
58 qty Parking Spaces - $25/mo
Gross Potential Rent = $409,080
Gross Rent Collected (2020 P&L) = $342,463