1524 Old Highway 10 W, Laurel, MT 59044

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.
*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