Slate Storage

Description

Slate Storage is a premier Class A self-storage facility spanning approximately 22 acres in the heart of the Gallatin Valley in Bozeman, Montana, one of the fastestgrowing and most affluent cities in the state. Built in 2021 and expanded in 2023, the facility features high quality construction that meets the luxury standards of the Bozeman market, with a mix of drive-up units and outdoor parking. The property is fully permitted and engineered for future conversion of outdoor parking intoadditional drive-up units, offering a path for revenue growth. With continued lease-up momentum, continued addition and expansion of nearby residential subdivisions, strong annual rent increases supported by the robust local market Slate Storage offers compelling financial upside. Its prime location in the valley benefits from high barriers to entry and limited future nearby competition, while the planned extension of West Oak Street will further enhance accessibility and long-term value. This is a rare investment opportunity in a tightly held, supply-constrained market, contact the listing broker today to learn how Slate Storage can become a top-performing asset in your portfolio.

Price: $14,900,000Location: Bozeman, MT (Gallatin County)Address: 4200 Love Lane 59718Lot Size: ~20 AcresCurrent Improvements:96,000 sq. ft. indoor storage (permitted for 198,600 sq. ft.)202 outdoor lots, perimeter fencing.Property Types: self storage facility