Rethink Self Storage Fund
Closed
Overview
Charlotte North Carolina - 70,000 sq ft warehouse conversion into a new self storage facility (500 units) Houston Texas - 30,000 sq ft new build 2022, 46% occupied self storage facility. Lease up and build on additional 1.5 acres. 5 Year hold or sell at 90% occupancy.
Accepted Investors
Accredited
Raise Close Date
1/31/2024
Regulation Type
506B
Deal Type
Fund
Asset Location(s)
North Carolina
Texas
Asset Class(es)
Storage
Gamma Income
Gamma Income
Details
Target Raise$3M
Close Date1/31/2024
Min Investment$50,000
Target IRR15% - 25%
Target Hold Period5 years - 7 years
Target Equity Multiple2x
Preferred Return8%