GROWTH FUND 1
EL FUNDO
Overview:
A self-storage growth fund focusing on conversion projects in secondary and tertiary markets in the US that are complementary to Nomad Capital’s existing portfolio of properties. The fund specializes in converting old big box retail into climate-controlled self-storage facilities which converts the asset class and allows for a high rate of return. We have a long-term vision for this fund with a 10-year hold period targeting a cash event at year 5, returning capital with profits while leaving investors in the deal generating an infinite return for the remainder of the life cycle. They will continue to receive cash flow until Nomad Capital sells the property, it’s for people seeking passive income.
$10M
Fund total
$50K
Minimum Investment
10YR
Anticipated Life of Fund
4-6
Number of Properties
Investment Criteria:
El Fundo is a $10M fund that welcomes accredited investors to invest in self-storage facilities in key markets throughout the United States, particularly in the Southeast. Nomad Capital will purchase existing real estate that has been underwritten by our team and aligns with our goals for conversion.
The fund allows our investors to spread out risk, potentially earn better returns, and reduce investment complexity. Nomad Capital has a very strict underwriting and due diligence process which helps ensure that these investments will hit our projected numbers.
Targeted Fund Returns
%
21% to 25% Annualized Returns
10 YR Hold
%
19% - 22% IRR
3.15 - 3.5 Equity Multiplier
Learn more about El Fundo
Return Structure:
Investors have the opportunity to invest in Class A+, Class A, or Class B Limited Partner Interests.
Class A+
$1M Minimum
Class A+ Limited Partner’s receive a 8% preferred return and projected 3.43x multiplier.
Class A
$250,000 Minimum
Class A Limited Partner’s receive a 8% preferred return and projected 3.43x multiplier.
Class B
$50,000 Minimum
Class B Limited Partner’s receive a 6% preferred return and projected 3.29x multiplier.