Cash-Flowing Self Storage Investment Opportunity in DFW MSA w/ A 10yr Industry Veteran Looking for last $1M Check

The acquisition of this self storage portfolio is a high-conviction, value-add opportunity in a premier, quality-supply-constrained Texas submarket. We are acquiring a ~125k Net Rentable Square Foot (NRSF) portfolio at an all-in basis representing a ~15% discount to replacement cost. This investment capitalizes on the maturity of the area, evidenced by recent national retail developments including Homegoods, Ulta, Raising Cane’s, and Chick-Fil-A, where a lack of institutional management has left a massive opening for a sophisticated operator. We will execute a cash-out refinance at Month 36 to return approximately 73% of initial investor equity. Additional distributions from cash flow, in combination with these refi proceeds, are expected to return 100% of investor equity around Month 50. A final portfolio sale is targeted for Month 60 at a 6.25% exit cap rate. To enhance after-tax returns, we have engaged Cost Segregation Services Inc. to execute a cost segregation study, allowing for accelerated "bonus" depreciation for our partners. They estimate the project will support ~$1.8M+ of 2026 accelerated depreciation that will be passed through to the investors. Project Highlights: ● Purchase Price | $10.8M ($86/SF) ● Total Project Cost | $12.2M ($95/SF) ● Targeted Levered IRR | 27% ● Equity Multiple (MOIC) | 2.62x ● Stabilized Yield on Cost (YOC) | 9.0% With $3.5M already raised, we're looking for a final checkwriter for the last ~$1M to take this one down. Reach out here, or schedule a call with me at the link below. Schedule a Call w/ the Operator: https://calendar.app.google/g5peiMzAASjTTiXt5