In our latest Deal Review episode, Paul Bennett from AAA Storage presents the AAA Storage Growth Fund I to our LP panel: Jim Pfeifer, Paul Shannon, Chris Lopez.
The LP panel asks questions like:
- Are we catching a falling knife by investing now, or is the market bottoming out?
- How will cash flow be handled post-stabilization?
- How do Delaware Statutory Trusts work in this deal?
Want to discuss the deal with other investors in the community?
About the Deal
AAA Storage Growth Fund I will develop, stabilize, and sell up to 10 self-storage facilities and office/industrial flex business parks located in the Austin TX, San Antonio TX, Sarasota FL, and Charlotte NC markets. Growth Fund I expects to exit its portfolio of properties within 6-8 years. The fund sponsor has 30+ years of experience and 90 full-cycle deals with an average of 19% IRR to investors across all 90 completed projects. The sponsor will invest a minimum of 8% of the fund’s equity.
- IRR: 19%
- Equity Multiple: 3x
- Special terms for PassivePockets Investors:
- Minimum Investment: $200k → $50k
- Management Fee: 1.5% of Committed Capital → 1% of Committed Capital
- Waterfall: 70/30 → 75/25
Visit the Deal Page for full details: original webinar, documents, fee structures, and more.