Fund I Portfolio
Boat & RV Storage
Description
This investment opportunity offers a preferred equity position with potential quarterly cash flow from developing two RV/boat storage facilities in growing markets outside of Nashville, TN, and Charlotte, NC. Due to its priority position in the capital stack, the portfolio features a strong cash flow distribution plan and advantageous investor return structure.
The Sponsor has implemented numerous risk mitigation methods, such as equity reserves, financing, a Guaranteed Maximum Price contract, and fully entitled sites.
Details
Target Equity Multiple: 1.5x
Target IRR: 16%
Deal Type: Opportunistic
Asset Type: Storage
Sponsor: Madison Capital Group
Target Investment Period: 3 years
