$29,090,000 | Madison Capital Group
Go Store It | Arden, Asheville, Charlotte & Wilmington, NC
4 Property Portfolio
Four recently built, Class A, state-of-the-art, self-storage properties. The portfolio includes a mix of 2,355 climate-controlled and non-climate-controlled units and totals 255,064 square feet. All four properties benefit from their respective proximity to nearby industrial uses, single-family/multi-family residential housing, and retail centers.
Loan Type
Refinance/Bridge Loan
Capital Provider
Life Insurance Company
Client Benefits:
- No lease up covenants
- Eliminated interest rate risk with 5-year fixed rate loan term
- Enhanced cash yield with an IO period
- Non-recourse
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