People’s Choice Storage Clarksville
Projected 1.92x equity multiple with a 20.06% targeted IRR.
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.
Attractive Undersupplied Market for Storage
The local market is one of the key areas to look at when determining where to invest in a facility. Our primary market for this facility is within a 5-mile radius of the location. This area of Clarksville is quite underserved with an excess demand of 157,095 SF!
With significant undersupply in a 5-mile radius, rates will remain strong and will likely increase over the holding period of this asset. The neighboring demographics are attractive, with population and household incomes above the national average and our acquisition target parameters.
Clarksville, TN Highlights
Clarksville is one of the south’s most historic cities, and it is GROWING! Since 2000 Clarksville has seen it’s population increase by 48.1%! Here’s just a few reasons how Clarksville got to be the fifth-largest city in the state:
– David Thompson, BiggerPockets
– Ari Rastegar, SpareFoot
– David Thompson, Bigger Pockets
– 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:
Our Experienced Property Management Team
We’ve spent years in the self-storage sector and bring loads of experience to this project.
Meet The Management Team
Director of Investments
Our Value-Add Strategy
First Six-Month List of Renovations
What You’ll Learn in the Investor Call
Bottom line, this is an excellent property in a community with a growing population and a greatly undersupplied market for self-storage. Coupled with our world-class management team, experience in self-storage, and an under-served community with high demand, 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:
Take a Tour
Kingdom Storage Partners, LLC Syndication Benefits
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.