7102 Montana 200 26,100 SF Specialty Building Offered at $5,339,373 CAD at a 3.82% Cap Rate in Missoula, MT 59802

Titan Self Storage represents a compelling opportunity to acquire a stabilized, income-producing self-storage and RV/boat parking facility in the rapidly expanding Missoula MSA. Positioned directly along MT-200 with high visibility to both MT-200 and Interstate 90, the property benefits from consistent traffic exposure that reinforces long-term tenant demand and supports continued rental rate growth. Missoula’s robust demographic profile, anchored by the University of Montana, a strong healthcare sector, and an expanding base of outdoor-oriented residents, creates a durable customer pipeline well-suited for self-storage use.
The facility offers 26,100 NRSF across 215 drive-up units, supplemented by 175 recently added RV and boat parking spaces that significantly expand revenue potential as lease-up progresses. With traditional self-storage units currently 94 percent occupied and combined economic occupancy at 63 percent, the property provides a balance of in-place income with meaningful upside. Embedded rent growth, with current rates positioned more than 15 percent below market, enables immediate revenue acceleration without requiring further investment. Roughly $750,000 in capital improvements since 2021 has modernized the asset, creating a turnkey operational profile with limited near-term CapEx requirements.
The site spans 7.6 acres zoned Neighborhood Center, a flexible designation enabling continued storage and outdoor parking operations. Fully entitled expansion plans, complete with engineering and county approvals, offer additional long-term scalability. The 10-year income projections present a strong ramp-up year over year, with NOI rising from $148,873 currently to $288,932 at stabilized Year 2 levels, reinforcing the asset’s strong investment fundamentals. In a market with limited new supply within a 5-mile radius and above-average household incomes, Titan Self Storage stands as a uniquely positioned facility with strong cash flow durability and tangible value-add upside.