$1.5M of Private funding for a self-storage facility in Sunbelt

[Kevin Kohler]

Hello,

My JV partner and I are seeking a private equity debt placement of $1.5M to acquire an off-market self-storage facility that is operating pretty well and the seller wishes to 1031 into a larger asset.

Offering $1.5M debt placement on a $2.6M purchase (57.7% LTV)

Annual NOI of $447k

Term Length: 3-5 years

Rate: 8.5/2 or something along those lines

Please send me a msg to discuss and get on a call.