1524 Old Hwy 10 W, Laurel For Sale Industrial

• sq ft 93,652
• Property Type industrial
• Brochure
• Suites Available 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

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 Highway Commercial
*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

Gross Potential Rent = $409,080
Gross Rent Collected (2020 P&L) = $342,463

Westbrook Storage in Laurel, MT is the ideal mini storage investment for someone who is looking to acquire a mini storage facility with upside potential. With 422 units located on 10.64 acres, there is plenty of room to add additional units. The new West Laurel highway interchange that was just completed also creates additional opportunity for rent increases due to its superior location, easy access & highway visibility.

Suites Available

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

Brochure

Details

• Year Built: 1978
• Land Area: 9.606 AC
• Zoning: Highway Commercial

Location