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El Fundo

Actively Raising

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.

Accepted Investors

Accredited

Raise Close Date

9/30/2024

Regulation Type

506C

Deal Type

Fund

Asset Location(s)

North Carolina

Asset Class(es)

Storage

Details

Target Raise$10.5B
Close Date9/30/2024
Min Investment$50,000
Target IRR22%
Target Hold Period10 years
Target Equity Multiple3.25x - 3.55x
Preferred Return1% - 2%
Target Cash-on-Cash5% - 10%
Target AAR21% - 25%

Downloads
4

Offering Memorandum

Offering Memorandum

Sep 25, 2024

Presentation

Presentation

Oct 1, 2024

CV

CV

Oct 1, 2024

Last One

Last One

Oct 1, 2024

Nomad Gallery

Media Attachment 2
Media Attachment 3

FAQs

Nomad

Nomad

4.50

(6 reviews)