PROJECT:
WALLA WALLA
SELF-STORAGE FACILITY
ABOUT:
A vertical-integrated storage investment located in Walla Walla, WA—a growing market and wine country. The
facility is a 2024 new build with 465 units and 67,000 sq ft, acquired from a contractor who failed to operate it
successfully. The upside lies in occupancy improvement and operational efficiency using AJ Osborne’s proven
model and proprietary tech via Tenant Inc. Investors benefit from strong data advantages, Store Local branding,
and long-term equity in the project, even after refinance. Returns are modeled conservatively, with a refinance
expected around year 5 returning all principal plus IRR. This was a “forever” partnership opportunity for
accredited investors.
EXPECTED RETURNS:
22% Target IRR
Return of principal around Year 5 (via refinance)
Ongoing cash flow post-refi
70/30 LP/GP split “forever” – investors stay in the deal after capital return
No development fee applied to this deal
Fees: 3% acquisition, 8% management of gross revenue, 1–1.5% at exit (not refi)
Expected Close Date:
August 7, 2025 (now closed)
DETAILS:
Deal Type: Real Estate - Storage Units
Valuation: $7.2M
Expected Raise: $3.2M
Min. Investment: $50,000
Investor Type: Accredited Investors Only
PROJECT LINKS:
NOT SURE WHERE TO START?
PROJECT:
WALLA WALLA
SELF-STORAGE FACILITY
ABOUT:
A vertical-integrated storage investment located in Walla Walla, WA—a growing market and wine country. The facility is a 2024 new build with 465 units and 67,000 sq ft, acquired from a contractor who failed to operate it successfully. The upside lies in occupancy improvement and operational efficiency using AJ Osborne’s proven model and proprietary tech via Tenant Inc. Investors benefit from strong data advantages, Store Local branding, and long-term equity in the project, even after refinance. Returns are modeled conservatively, with a refinance expected around year 5 returning all principal plus IRR. This was a “forever” partnership opportunity for accredited investors.
EXPECTED RETURNS:
22% Target IRR
Return of principal around Year 5 (via refinance)
Ongoing cash flow post-refi
70/30 LP/GP split “forever” – investors stay in the deal after capital return
No development fee applied to this deal
Fees: 3% acquisition, 8% management of gross revenue, 1–1.5% at exit (not refi)
Expected Close Date:
August 7, 2025 (now closed)
DETAILS:
Deal Type: Real Estate - Storage Units
Valuation: $7.2M
Expected Raise: $3.2M
Min. Investment: $50,000
Investor Type: Accredited Investors Only
PROJECT LINKS:
NOT SURE WHERE TO START?
