Spartan Storage Income Fund
Georgia, Texas
The Spartan Storage Income Fund will target self-storage investments that are core plus and value-add in nature. In addition to cash flow, investors also share in the upside potential from the sale and benefit of depreciation.
This $75M fund plans to purchase 8-10 facilities in secondary and tertiary markets in the United States. The fund identifies facilities both on and off market that position Spartan to execute our value-add strategy, which includes implementing facility automation, adding ancillary revenue streams, enhanced staff training, and improvements to the property to provide a safe, secure, well-lit facility in line with our brand standards.
Overall, investors are projected to earn between 14 and 20% annualized return when combining the cash flow earned along the way and upside from sale. In the event of a refinance, partial sale, or otherwise, investors will benefit from either receiving a portion of their capital back or benefit from additional facility purchases made inside of the income fund. The projects 30% depreciation in year 1.
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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 IncomeFund
There are three investor classes (Class A, B, and C) that provide an early investment incentive and/or larger investment amount.
Investors have the opportunity to join us in three different classes depending on their timing and level of funding with our Class B and C members receiving additional preferred returns and a higher waterfall hurdle
Investors have the opportunity to join us in three different classes depending on their timing and level of funding with our Class B and C members receiving additional preferred returns and a higher waterfall hurdle
THE SPARTAN STORAGE INVESTMENT FUND 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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