Madison Capital Group has recently launched the Go Store It Opportunity Fund, LP. This $250 million investment initiative is specifically focused on self-storage properties in high-growth Sun Belt markets, with a particular emphasis on Florida, North Carolina and Georgia.
The fund’s strategy involves acquiring and developing a diverse portfolio of self-storage facilities through value-add acquisitions. These acquisitions will target under-managed properties with below-market rents, providing potential for rental growth and operational improvements. The fund will also pursue pre-stabilized acquisitions to acquire properties at discounted prices that are close to replacement cost. As these properties stabilize over time, there is potential for improved cap rates.
In addition to these acquisition strategies, the Go Store It Opportunity Fund also includes a development component. This allows for the construction of high-quality storage facilities in select markets where supply-demand dynamics are favorable. By strategically building in suburban areas as well as urban fringe and core locations within the Sun Belt region, this fund aims to meet diverse storage needs across communities in this rapidly growing area.
Overall,the focus of this investor fund is on identifying profitable opportunities within the self-storage market throughout key regions of the United States’ Sun Belt region.
