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Updated 27 days ago on . Most recent reply

Offering 12% Preferred + 10% Equity Kicker – SS + Car Wash in Dayton: 506(c) raise
I’m a young, hungry Private Equity-trained investor raising capital for a unique value-add acquisition: a cash-flowing self-storage facility with an attached car wash in the Dayton, OH market. This is a 506(c) offering available to accredited investors only.
I'm offering:
- 12% annual preferred return, paid quarterly
- 10% equity kicker, paid at exit
- Full return of principal at exit before taking cash out of the business
Deal Highlights:
- Strong in-place cash flow: $160K NOI with immediate upside through revenue optimization
- Purchase price: $1.8375M
- $1.2075M in seller financing at 5% simple interest
- $100K to be raised by the sponsor (me)
- $550K raise via preferred equity
- Located in a supply-constrained micro-market with underbuilt self-storage density and limited new competition
- Additional car wash upside through modernized marketing, signage, and automation
- Conservative underwriting with a projected 8% cap rate exit in Year 5
The sponsor (myself) is retaining majority ownership (likely over 90%).
If you’re an accredited investor and would like to review the pitch deck, model, and legal structure, feel free to email me directly at:
[email protected]. Also happy to walk through my track record and the projections of this transaction.
Happy to walk through the structure or hop on a quick call if preferred.
—
Tiki Mpofu
Oryx Horn