Seeking Capital Partner – Self Storage Acquisition & Value-Add Project in Summerville

[Chelsea Lavassar]

Hello BP Community,   I’m in the process of acquiring a cash-flowing self-storage facility in Summerville, SC, with a projected 2025 NOI of $130K+. This is a proven income-producing asset with additional rental income streams and strong growth potential through targeted upgrades.   I’m looking for a private investor to provide $300K–$340K in capital to cover the down payment, closing costs, legal fees, inspections, and planned improvements. My goal is to implement value-add strategies (security upgrades, parking improvements, and potential expansion of 2 new buildings) to significantly increase NOI and property value.   Plan: • Acquire using DSCR loan with investor-funded down payment and costs • Complete upgrades within first 6–9 months • Target refinance within 12–15 months at $1.3M–$1.5M valuation • Return investor capital + agreed profit share at refinance   Why This Works: • Stable current income stream from current occupied units + extra tenant rental agreements • 2025 NOI projection: $130K+ before upgrades • Clear upside with strong demand in Summerville market   If this sounds like something you’d like to explore, I can provide the complete financial package, pro forma, and terms for discussion.