World Class Capital Group (“WCCG”) is currently seeking $1,800,000 in equity for the acquisition of three self-storage facilities located in Brandon, MS; Flowood, MS and Hattiesburg, MS (the “Portfolio”) – which are part of the Jackson, MS Metropolitan Statistical Area (“MSA”). The Portfolio consists of 1,798 total storage units and 10 parking spaces with a total net rentable square footage of 238,445. The blended storage occupancy is 87.8% while the market occupancy is projected to be 92.0%. This acquisition represents a unique opportunity to acquire a sizeable portfolio at an attractive cost basis in a market with strong self-storage demand.
Key Points
- Opportunity to diversify with sizable self-storage portfolio at an attractive basis with a strong self-storage operator.
- The Preferred Equity investment receives a fixed 12% return ahead of common equity.
- WCCG will maintain $1.8M common equity in the project in a first-loss position.
- WCCG currently operates 61 self-storage facilities containing 30,000 units and over 3,800,000 square feet.
Summary:
World Class Capital Group (“WCCG”) is currently seeking $1,800,000 in equity for the acquisition of three self-storage facilities located in Brandon, MS; Flowood, MS and Hattiesburg, MS (the “Portfolio”) – which are part of the Jackson, MS Metropolitan Statistical Area (“MSA”).
See Campaign: https://www.realcrowd.com/offerings/world-class-capital-group-llc/ms-self-storage-portfolio
Contact Information:
World Class Capital Group, LLC
World Class Capital Group (“WCCG”) is currently seeking $1,800,000 in equity for the acquisition of three self-storage facilities located in Brandon, MS; Flowood, MS and Hattiesburg, MS (the “Portfolio”) – which are part of the Jackson, MS Metropolitan Statistical Area (“MSA”).
See Campaign: https://www.realcrowd.com/offerings/world-class-capital-group-llc/ms-self-storage-portfolio
Contact Information:
World Class Capital Group, LLC
Tags:
RealCrowd, United States, Commercial Real Estate, Equity, English, Industry verticals, Regions, Real Estate & Construction, Types of Crowdfunding deal, Language, Texas
Source: Icrowdnewswire
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