The project is a state of the art storage facility comprised of approximately 950 units of climate controlled and traditional self storage, along with 8 office fronts. This project is uniquely positioned in a growing residential area with CURRENT demand for self storage of 5X the size of our facility. A class area, A class location, high demand and low competition.
Product type: | Self Storage |
Strategy: | New Construction |
Offering size: | $3,000,000 |
Term: | 36 months |
Exit Strategy: | Refinance at 36 months to pay investors & share refi proceeds |
Sale of Property | |
Projected Annualized Return*: | 15.86% |
Minimum Investment: | $50k |
Funds Due: | 6/24 |
* The preferred return is not guaranteed as it relies on the performance of the asset
Forward Looking Information: This page may contain forward-looking information relating to our business strategy and measures to implement strategy and other matters. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. We cannot guarantee future results, level of activity, performance or achievements and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. We undertake no obligation to update or revise publicly any forward-looking statements except as required by applicable legislation.
Financial Estimates: This page may contain certain financial projections. We cannot guarantee future results, level of activity, performance or achievements. Consequently, we make no representation that the actual results achieved will be the same in whole or in part as those set out in the financial projections. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any financial projections to reflect any change in our expectations or any change in events, conditions, assumptions or circumstances on which any such financial projections are based.