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    721 E Hulbert Road

    Bozeman, MT 59718
    • $1,400,000
    • STATUS: Active Under Contract
    • ON SITE: 29 days
    • MLS #: 355945
    Under Contract
    UPDATED: 34 min ago
    $1,400,000
    • 0
      BEDS
    • 1.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Double D Mini Storage is located on East Hulbert Road between Jackrabbit and Love Lane in Bozeman, Montana. It is a non-climate-controlled self-storage facility. There are currently 19,125 square feet of rentable space, comprised of 116 units ranging from 6 x 10 to 15 x 50. It sits on 1.5 acres with a fully-fenced perimeter and coded security gate. The first unit was built in 2006 and several other units have been added since, with the most recent unit completed in 2018. There are currently approximately 20 outdoor parking spaces for boats, RVs, etc.The current cap rate is estimated around 4.1% with great upside potential via rent increases and the addition of 2 new buildings. Double D Mini Storage offers a tremendous opportunity to the right buyer to take an existing self-storage business and maximize the cash flow potential.

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    © 2021 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or L&K Real Estate. Data last updated: 2021-04-16T15:51:24.533.
    www.lkrealestate.com/homes/115200329
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    721 E Hulbert Road Bozeman, MT 59718

    • Price: $1,400,000
    • Status: Active Under Contract
    • Updated: 34 min ago
    • MLS #: 355945
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.5
    Acres
    Neighborhood:
    2Nw - Boz Area Nw Of City
    County:
    Gallatin
    Area:
    2Nw - Boz Area Nw Of City
    Property Description
    Double D Mini Storage is located on East Hulbert Road between Jackrabbit and Love Lane in Bozeman, Montana. It is a non-climate-controlled self-storage facility. There are currently 19,125 square feet of rentable space, comprised of 116 units ranging from 6 x 10 to 15 x 50. It sits on 1.5 acres with a fully-fenced perimeter and coded security gate. The first unit was built in 2006 and several other units have been added since, with the most recent unit completed in 2018. There are currently approximately 20 outdoor parking spaces for boats, RVs, etc.The current cap rate is estimated around 4.1% with great upside potential via rent increases and the addition of 2 new buildings. Double D Mini Storage offers a tremendous opportunity to the right buyer to take an existing self-storage business and maximize the cash flow potential.
    Exterior Features

    Road Frontage Type

    Interior Features

    Above Grade Finished Area 0

    Property Features

    Association Fee 0 Listing Terms Cash3Rd Party Financing Possible Use IndustrialMini-Storage Property Subtype Business Special Listing Conditions None Tax Annual Amount 8705 Tax Year 2020 Utilities Electricity Available Zoning Description Call - Call Listing Agent For Details

    Listing courtesy of Brian Heck of Windermere Bozeman - Downtown. © 2021 Big Sky Country MLS. All rights reserved.


    © 2021 Big Sky Country MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or L&K Real Estate. Data last updated: 2021-04-16T15:51:24.533.
     
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    11 Lone Peak Dr #204
    Big Sky MT, 59716