FreeUp Storage DFW Portfolio

This is an amazing value-add portfolio of 18 facilities!
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18 Facilities

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Value Add with Expansion Potential

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High Growth Market

1.88X - 1.98X

Targeted Equity Multiple

15.0% - 16.2%

Targeted IRR

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7.5%

Preferred Return

17.5% - 19.5%

Target Annual Return

Investment Opportunity

The Investor Kit contains everything you will need to make a decision.
Note: This 506(c) project is for ACCREDITED Investors only. Minimum investment: $50,000
The FreeUp Storage DFW Portfolio opportunity consists of 18 facilities totaling 742,285 square feet with locations in the greater Dallas-Fort Worth Metroplex (DFW) and east Texas. The portfolio also includes 45,000 square feet of warehouses, 534 parking units, and 3,200 square feet of office space.

This offering consists of a value-add portfolio with scale and significant upside through expanding sites, implementing revenue management, rate increases, and added management efficiencies. The properties are strategically situated throughout Dallas-Fort Worth and east Texas where SIG/FreeUp Storage owns and operates numerous store locations.

Over 1.3 million people have moved to DFW over the past 10 years fueling demand for storage. Texas, and specifically DFW, have seen extraordinarily high volumes of new population growth due in part to the suburbanization trends that have been playing out all across the country.

The FreeUp Storage DFW Portfolio provides investors with projected day 1 cash flow and significant upside potential.

Why You Should be Interested

Recession-Resistant Asset Class

Self-storage stands apart from many other sectors in the commercial real estate space. During a recession, many property types tend to lose tenants and suffer from reduced cash flow and lower rents. Self-storage is not nearly as affected because storage needs actually increase in a recession, there is less reliance on individual tenants and significantly less maintenance/operations costs than other asset types.

Portfolio Overview

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18-facility portfolio
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Projected day 1 cashflow
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691,000 NRSF (net rentable square feet) and we’ve underwritten a collective 130,000 square feet of expansion potential to meet projected demand.
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5,046 units of Class A- through C- storage
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534 parking units
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83% physical occupancy
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3,200 sq ft of office space

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45,000 sq ft of warehouses

Dallas-Forth Worth, TX

The DFW area (Dallas, Fort Worth and Arlington Metropolitan Statistical Area or MSA) covers 9,286 square miles as the 4th-largest MSA in the United States with a population of 7.4 million, and the 12th largest MSA in the world.

From 2010 to 2019 the Dallas Metro gained 1.3 million residents, ranking 1st among all U.S. MSA’s. For 2020 to 2029, the Dallas Metro is projected to add 1.4 million residents, and once again rank among the fastest growing metro areas.

“Self-storage is a unique asset class. It has a reputation of providing relatively high yields and has shown to be relatively resistant to recessions due to its lower declines and default ratios versus other asset classes.”

– David Thompson, BiggerPockets

“One of the hallmarks of a recession is the movement of consumers into less spacious accommodations. As wages stagnate, and the employment picture gets grimmer, homeowners and renters tend to downgrade the size of their homes, but they still need a place to store their stuff. Self-storage facilities benefit from this demand and can see increased rental rates during a downturn.”

– Ari Rastegar, SpareFoot

“Let’s assume you had $200,000 to invest in 1994 and put your money equally into two investments. One investment for $100,000 in a self-storage REIT and reinvested all earnings while you put another $100,000 into the S&P 500 and reinvested all dividends. By 2017, the self-storage REIT would have grown to $4,026,413 while your S&P 500 stock fund would have grown to $532,243. Self-storage outperformed the large capitalization stocks index by a whopping $3,494,170.”

– David Thompson, Bigger Pockets

“The bottom line is that if we go into a bad housing market, people have to put their stuff somewhere. When the economy is good and people buy too much stuff they have to put it in storage. You’re winning as the market goes down, and winning as the market goes up.”

– Joel Cone, US News

The Self-Storage Asset Class

We understand that self-storage isn’t what most investors would consider “sexy.” Sure, it may not have drywall, carpet, or HVAC, but from an investment and ROI standpoint, self-storage is one of the best investments in the US. Here’s why:

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Resistant To Recession and can be more profitable than other asset classes
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Low tenant turnover
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One of the most consistently profitable real estate industries
Forget any preconceived notions you may have about self-storage and discover why savvy real estate investors have had storage in their portfolio for years.

Meet The Management Team

Scott Meyers

CEO, Kingdom Storage Partners, LLC

Scott Lewis

CEO, Spartan Investment Group, LLC

Ryan Gibson

CIO, Spartan Investment Group, LLC

Ben Lapidus

CFO, Spartan Investment Group, LLC

Properties Overview

Return Analysis

The intent for this project is to offer our investors two types of returns: monthly cash flow and a payout upon the sale or recapitalization of the property. The total ROI presented below is based on our preferred course of action, which is to get the property expanded, stabilized, and sold to return initial investor capital in addition to gains from the liquidity events.

What You’ll Learn in the Investor Kit

Bottom line, this is an excellent opportunity in an excellent MSA. Coupled with our world-class management team, experienced in self-storage, and projected day 1 returns, it’s hard to imagine this investment being anything but a slam-dunk for our investors!

We think you’ll be blown away when you discover all the details of this investment on the investor call. Here’s what we’ll cover:

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Our strict investing criteria and process.

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You’ll discover all the numbers you need to evaluate this amazing deal including assumptions, splits, returns, appraisals, and more!
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What this investment looks like – cash-flow expectations, purchase price, exit cap, and equity.
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Why we love self-storage and how it fits into your portflio.
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Best of all, we will also host a Q&A at the end where you can drill us on any and all questions you may have about this exciting opportunity.
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We’ll drill down into the actual property and the experience that the management team offers.

This is an exciting new self-storage investment opportunity with potential for strong returns. We can’t wait to share this enormous opportunity with you in the presentation!

Kingdom Storage Partners, LLC Syndication Benefits

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Syndication Leverage

Leverage our vast experience, financial sponsorship strength, and capital aggregation to invest in high-value self-storage facilities with high returns.
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Tax-Advantaged Investing

Enjoy the potential for tax advantages such as depreciation, passive income tax treatment, Self-Directed IRA & 401(k) investing.
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Capital Appreciation

Increased property value through physical and operational improvements that increase the value of the property by increasing Net Operating Income (NOI).
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Recession Resistant

Self-storage has done historically well in past recessions as people downsize and need a place to store their possessions.

1.88X - 1.98X

Target Equity Multiple

15.0% - 16.2%

Target IRR

R

7.5%

Preferred Return

17.5% - 19.5%

Target Annual Return

Access The Full Investor Kit

Included in the Investor Kit is a replay of the live investor webinar, offering memorandum/slide deck, and investor portal registration where you can gain access to the due-diligence documents and invest in this amazing portfolio.

Copyright © 2020 Kingdom Storage Partners

Disclaimer: The Kingdom Storage Partners, LLC website is intended solely for informational purposes. The Kingdom Storage Partners, LLC website does not constitute an offer to sell, or a solicitation of an offer to buy, an interest in a Kingdom Storage Partners, LLC investment opportunity. All information included in this website is believed to be current as of the date hereof and is subject to change, completion, or amendment without notice. The Kingdom Storage Partners, LLC website does not purport to contain all the information necessary to evaluate an investment with Kingdom Storage Partners, any such offer or solicitation will be made only by the delivery of a confidential Private Placement Offering Memorandum (PPM)relating to a particular investment. Access to information about the investments are limited to investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, or those investors who are sophisticated in financial matters, and it is understood that you will make your own independent investigation of the merits and risks of any future investment with Kingdom Storage Partners, LLC & partnered operators. All prospective investors are encouraged to conduct their own independent due diligence investigation, review, financial projections, and consult with their legal, tax, and other professional advisors before making an investment decision.

This website may include forward-looking statements. All statements other than statements of historical facts included in this website, including, without limitation, statements regarding the future financial position, targeted or projected investment returns, business strategy, budgets and projected costs, plans and objectives for further operations, are forward-looking statements. Forward-looking statements reflect our current expectations and assumptions as of the date of the PPM, and are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or achievements expressed or implied.