INVESTMENT OVERVIEW
My Storage in Billings, MT is a turn-key self-storage investment opportunity located at 2164 Goodman Rd, Billings, MT 59101. The asset is comprised of 433 units (18 parking) containing 93,228 Net Rentable Square Feet (NRSF) and is currently 26% physically occupied. Built in 2024, the facility boasts high quality standing seam metal roofs, paved concrete drives, LED lights, electronic gate access and cameras throughout. The property is being offered at an attractive basis of $64/NRSF.
My Storage Billings is not currently professionally managed and achieves average rents of $6.53 per square foot. The asset is situated in a growing area (+1.17%) paired with a strong average household income ($103,604). Market research indicates substantial rent growth potential driven by the strong demand and expanding market in Yellowstone County. With professional management and targeted value-add strategies, My Storage is well-positioned to capitalize on the ongoing economic and demographic trends in the region. This deal represents an exceptional opportunity to invest in a thriving, high-growth area with significant upside through operational improvements and strategic rent adjustments.
INVESTMENT HIGHLIGHTS
FACILITY SUMMARY
Property Name: | My Storage – Billings, MT |
Address: | 2164 Goodman Rd, Billings, MT 59101 |
County: | Yellowstone County |
Land Size: | 4.722 Acres |
Total NRSF: | 93,228 NRSF |
Total Units: | 433 UNITS |
Physical Occupancy: | 26% |
Economic Occupancy: | 20% |
Building Count: | 11 Buildings |
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735 Arlington Ave N, Suite 205
St. Petersburg, FL 33701
727.219.9051
FL License #CQ1059487