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Updated about 2 years ago,
Self Storage Development - Houston, TX
Investment Info:
Other commercial investment investment.
Syndication and development of 130,000 net rentable square feet of Class A Self-Storage in Houston, TX.
$19M total project cost
Closed on the land - September 2022
Construction begins - Q1/Q2 2023
How did you finance this deal?
25% investor equity (accredited investors)
75% construction financing (5/1 ARM)
What was the outcome?
In progess