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Wagon Trail Properties - West Billings

2 Industrial Properties Offered at £2,051,400 in Billings, MT

Investment Highlights

  • Excellent exposure on King Ave west

Executive Summary

Strategic Location: Situated in a thriving commercial area of Billings, these properties offer excellent visibility and accessibility.
Investment Opportunity: With a 4.5% cap rate, these properties provide a solid return on investment, ideal for savvy investors.
Versatile Spaces: Suitable for a variety of commercial uses, ensuring long-term value and flexibility.
Lot Size: 0.532 Acres per building
Year Built: 2014
Building Structure Type: Flex Warehouse
Total Building Area: 8,400 Sq Ft per Building
Use: Flex Warehouse
Construction: Pre-engineered Steel
3 overhead doors per building - 12X14 and 3 man doors
Ceiling hight 16ft

Taxes & Operating Expenses (Actual - 2023)

Annual
Gross Rental Income £109,548
Other Income -
Vacancy Loss -
Effective Gross Income £109,548
Taxes £11,336
Operating Expenses £6,004
Total Expenses £17,340
Net Operating Income £92,208

Taxes & Operating Expenses (Actual - 2023)

Gross Rental Income
Annual £109,548
Other Income
Annual -
Vacancy Loss
Annual -
Effective Gross Income
Annual £109,548
Taxes
Annual £11,336
Operating Expenses
Annual £6,004
Total Expenses
Annual £17,340
Net Operating Income
Annual £92,208

Property Facts

Price £2,051,400
Price / SF £122.11 / SF
Net Initial Yield 4.50%
Sale Type Investment or Owner User
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,800 SF
Total Land Area 1.04 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
6512 Wagon Trail, Billings, MT 59106 Industrial 8,400 SF 2014 -
Stensrud Properties
6508 Wagon Trl, Billings, MT 59106
Industrial 8,400 SF 2017 -
Show More > < Show Less
  • Listing ID: 32618853

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: Wagon Trail Properties - West Billings, Billings, MT

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