North Ridgeville, Ohio - 2021 Self Storage Project

Status: FUNDED

This Project is Funded. To Gain Access To Our Upcoming Projects:
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Overview

The project is a state of the art storage facility comprised of approximately 689 units of climate controlled and traditional self storage. This project is uniquely positioned in a growing residential area with CURRENT demand for self storage of 2X the size of our facility. A class area, A class location, high demand and low competition.

Product type:

Self Storage
Strategy: New Build Development
Offering size: $2,000,000
Hold time: 24-36 months
Projected Annualized Return: 15 - 18 %
Class B: 10% + Equity ownership
Funds Due: Due June 26
Shares Available: 20-22
Minimum Investment: $100,000
This Project is Funded. To Gain Access To Our Upcoming Projects:
CLICK HERE TO JOIN OUR INVESTOR NETWORK
Why We Love this Project

What makes this project unique is that it is already zoned and permited for self storage development, saving substantial time and cost to the overall project. Low cost basis and the ability to hit the ground running on this project ensures a timely and predictable investment outcome. This site is located in an affluent suburb of Cleveland with an average income of over $75k, with a high demand for multiple unit sizes which are currently non-existent in that area.  

 

Property management will be handled by one of our publicly traded self storage management companies and the property is built to specifications and demographics that allow an natural exit strategy to one of our publicly traded partners. 

 

As always, please reach out to Dana Cornell at dana@cornellcapitalholdings.com with additional questions.

 

*demand for this project is high, and is expected to fill within 1-2 weeks.

This Project is Funded. To Gain Access To Our Upcoming Projects:
CLICK HERE TO JOIN OUR INVESTOR NETWORK
Investor Documents

Project Pitch Deck
Feasibility Study
Investment Summary
Marcus & Millichap Loan Analysis
Renderings and Location Details
Legacy Developers Overview
Self Storage Industry Overview
This Project is Funded. To Gain Access To Our Upcoming Projects:
CLICK HERE TO JOIN OUR INVESTOR NETWORK
Location


This Project is Funded. To Gain Access To Our Upcoming Projects:
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