Spartan Storage Fund 1
Georgia, Texas
Spartan has identified six value-add self-storage facilities located in high growth markets.
The portfolio makes up four separate transactions and consists of 4,348 units spread across 529,452 square feet. The facilities are located in the expanding markets of Louisville, Chattanooga, Bonita Springs, and Havelock.
Most facilities in the portfolio have an increasing population growth rate, average household income, and income growth rate. The facilities are well located near main roads with great visibility and drive-by traffic. Spartan plans to increase economic occupancy through increasing rates to market.
Spartan will rebrand the portfolio to its FreeUp Storage national brand and directly operate each of the facilities. Through sophisticated operations and revenue management, Spartan will drive value to our investors through increasing Net Operating Income and value of each facility.*
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Superior Location
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Residential Growth
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Asset Quality
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Market Strength
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Strong Income
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Stabilized Assets
Spartan Investment Group is Currently Raising Capital for Spartan Storage Fund 1
The Spartan Storage Fund 1 has purchased six facilities. The minimum investment is $50,000 for Class A members and $1,000,000 for Class B
members.
Class A investors receive the benefit of a 7.0% preferred return and a 70/30 split to a 14% CoCR hurdle and a 50/50 split thereafter.
Class B investors receive the benefit of a 8.0% preferred return and a 70/30 split to a 16% CoCR hurdle and a 50/50 split thereafter.
Our goal with Spartan Storage Fund 1 is to deploy your investment as soon as possible. Funds are allocated on a first come, first-in basis basis from when they’re received. We do not call the capital, and 100% of your investment is due once you’ve decided to commit
members.
Class A investors receive the benefit of a 7.0% preferred return and a 70/30 split to a 14% CoCR hurdle and a 50/50 split thereafter.
Class B investors receive the benefit of a 8.0% preferred return and a 70/30 split to a 16% CoCR hurdle and a 50/50 split thereafter.
Our goal with Spartan Storage Fund 1 is to deploy your investment as soon as possible. Funds are allocated on a first come, first-in basis basis from when they’re received. We do not call the capital, and 100% of your investment is due once you’ve decided to commit
THE SPARTAN STORAGE FUND 1 PORTFOLIO
Class A members are those who invest a minimum of $50,000 and a maximum of $999,999. Class A investors benefit from a 7% preferred return, 70/30 split until achieving a 14% annualized return, then a 50/50 split thereafter.
Class B members are those who invest a minimum of $1M and a maximum of $2.99M and are provided an 8% preferred return, 70/30 split until achieving a 15% annualized return then a 55/45 split thereafter.
Class C members are those who invest a minimum of $3M and are provided an 8% preferred return, 70/30 split until achieving a 16% annualized return then a 60/40 split thereafter.
Class B members are those who invest a minimum of $1M and a maximum of $2.99M and are provided an 8% preferred return, 70/30 split until achieving a 15% annualized return then a 55/45 split thereafter.
Class C members are those who invest a minimum of $3M and are provided an 8% preferred return, 70/30 split until achieving a 16% annualized return then a 60/40 split thereafter.
This offering is being made under Rule 506(C) of the Securities Act of 1933. Accredited Investors are welcome to participate.
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Spartan Investment Group, LLC and should not be made available to any other person or entity without the written consent of Spartan Investment Group, LLC. This offering memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the offering property. No warranty or representations, express or implied, are made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, change of price, or other conditions. The information is provided as of the date of the publication of this offering memorandum. These securities have not been approved or disapproved by the Securities and Exchange Commission nor has the Commission passed upon the accuracy or adequacy of this memorandum. Any representation to the contrary is a criminal offense.
The information in this offering is available to “accredited investors” only, as defined by Rule 501 of Regulation D of the Securities Act of 1933, and is furnished for your use as a potential investor in the company. By receiving this memorandum, you agree to not transmit, reproduce, or make this memorandum or any related exhibits or documents available to any other person or entity. Your failure to keep this memorandum strictly confidential may cause the company to incur actual damages of an indeterminable amount, possibly subjecting you to legal liability.
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