Remarks

C4D Possible!!! Seller will pay for chain link perimeter fencing with drive in gate with full price offer. Only one rent increase in 8 yrs (up 10%). Biggest needed upgrade - professional management & perimeter fence. This multi-purpose investment property has a current CAP Rate 7%, 10.5% CAP if fully rented. 74 units (80 units possible by adding walls on larger units) & 5 RV rental spaces on City water!! 4 Storage unit buildings: Building 1 - built 2002, 12 units, 2,420 sf; Building 2 - built 2004, 20 units, 3,520 sf; Building 3 - built 2005, 18 units, 3,850 sf, Building 4 - built 2013, 24 units, 2,700 sf. The RV park has 2 long term tenants renting at $500/month each, 1 other tenants renting for $700/month & 2 vacant. Ask agent for details! All info from 3rd party sources & deemed reliable. Info subject to change & not guaranteed or warranted. Buyer & buyer’s agent to verify all info.

Details

MLS#: 350677
Price: $1,050,000

Style: Other
Year Built: 2002

County: Yellowstone
Subdivision: Huntley Original Townsite
Tax Fee: 4147