Crowdfunding a Storage Unit Project

[Rick Shepard]

We have 10k sf warehouse with a purchase price of 50k. It does need some work but is structurally sound with enough room for 200 storage units in a city that is severely undeserved. Neither my partner nor myself has the juice for bank financing but we have some backing to start. Is it possible to crowdfund this project? A 300k investment will produce a property worth at least 800k. These are conservative estimates based on regional sales comps.

Thanks in advance.