Fund 11

Closed

Overview

Fund 11 is our very first CashGrowth+™ Fund, which focuses on boosting year-1 cash flow while also maximizing long-term equity growth during changing market cycles. For the first time ever, we’re launching a Platinum Share class with 85% LP / 15% GP splits above the 8% preferred return (limited availability). In addition, we are reintroducing Holding Interest of up to 3.5% that you’ll earn until the fund is fully deployed. The goal of this fund is to purchase 4-7 mobile home communities and/or self storage facilities and hold for 5-10 years + a minority debt fund allocation to boost year-1 cash flow. Then, exit after adding significant value, primarily through increasing occupancy, improving management, back-billing utilities, and increasing rents. We believe mobile home communities and self storage facilities are the best asset classes during this part of the market cycle, providing strong, recession resilient cash flow.

Accepted Investors

Accredited

Raise Close Date

Evergreen

Regulation Type

506C

Deal Type

Fund

Asset Location(s)

Georgia

Asset Class(es)

Mobile Home Parks

Storage

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Open Door Capital

4.70

Details

Target Raise$65M
Min Investment$100,000
Target IRR16%
Target Hold Period5 years - 10 years
Target Cash-on-Cash7% - 9%
Target AAR15% - 20%