Property details
Montana Ground Up Storage Facility, Northwest Region
Property Description
Montana Ground Up Storage Faciliy
Excellent location at the intersection of two Highways.
The builders have the land tied up and are getting the storage facility drawn up and permitted.
It already has septic approval.
It will have an office with the the plan to have an onsite manager.
They plan to be breaking grounding in June of 2022.
Can be complete by the end of the year.
10 acres
Approx. 800 units
202,300 SF
Asking 5.65% cap, at $17,708,000.
The ideal situation would be to have the buyer fund the project with equity, and with that, there would be some negotiation room on the price.
Images
Highlights
- Status:
- Available
- Price:
- $17,708,000
- Cap Rate:
- 5.65%
Property Information
- Property Type:
- Storage Properties
- Industry Type:
- Self Storage - Mini Storage
- Units/Spaces:
- 800
- Purchase Tenure:
- Fee Simple
Existing financing information
- N/A
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