Self-Storage Facility, Hyde Park

This offering funds the acquisition of a climate-controlled self-storage facility with about 522 units on South Hyde Park Boulevard in Hyde Park, Chicago. The business plan focuses on improving occupancy and introducing online rentals and dynamic pricing.

Highlights

• Price per share: $250
• Total raise: $900,000
• Target distribution range: 7–8% per year, paid quarterly
• One-time payment
• Capital returned at exit (subject to performance)

The opportunity

The equity raise of $900,000 is divided into 3,600 shares priced at $250 each, alongside moderate leverage. The planned hold period is about 4 years, with distributions, if any, projected quarterly from net operating income.

Key risks include leasing and occupancy, construction and renovation timing and the illiquidity of the investment.

The neighborhood

Hyde Park is home to the University of Chicago and the Museum of Science and Industry, with lakefront parks, bookstores and Metra trains downtown.

Good to know

• Identity verification (KYC) is required before investing.
• Distributions are projections and are not guaranteed.
• Shares are illiquid and are generally held for the full planned term.

Important information

Projected distributions are estimates based on the sponsor's business plan, are not guaranteed and may be lower or delayed. Capital is at risk and investments may be illiquid for the full hold period. Please read the offering documents and the EstateFull investment risk disclosure before investing.