Significant Experience For
A Singular Purpose.
You.
Mobile Home Communities and Self Storage exposure for your portfolio
managed by a team with more than 200 years of collective experience.
For risks and disclosures, click here.
Two Historically
Resilient Asset
Classes.
One Investment.
Both Mobile Home Communities and Self Storage assets classes have a demonstrated track record of Net Operating Income (“NOI”) growth across many historical market cycles.
Why Invest In
Mobile Home
Communities.
Mobile Home Communities offer a number of distinct benefits including, but not limited to:
- Barriers to supply (stigma)
- Low operating expense ratios
- Income Generating Assets*
- Growing demand
- Long term tenancies
- Provides a much needed social service
While an objective of the company is to purchase assets that generate income at the time of closing, no assurance can be made that profits will be achieved or that substantial losses will not be incurred. To review additional disclosures, click here.
Why Invest In
Self Storage.
Self Storage offers a number of distinct benefits including, but not limited to:
- Low operating expense ratios
- Income Generating Assets*
- Broad adoption
- Long average tenancies
- Beneficiary of population movement, both up and down
While an objective of the company is to purchase assets that generate income at the time of closing, no assurance can be made that profits will be achieved or that substantial losses will not be incurred. To review additional disclosures, click here.
A Fresh Take
On A Timeless
Strategy.
Our strategy is to acquire, enhance and refinance Fund assets so investors may enjoy the beneficial combination of longer termed asset ownership with the potential for periodic return of capital events.
Acquire
We acquire quality assets in major metros.
Enhance
We strive to add value to assets and make distributions, to the extent able.
Refinance
We look to periodically refinance assets, as conditions allow.
Return of Capital
Refi proceeds may return capital while maintaining asset ownership.
Repeat
This process is expected to continue beyond return of capital.
Let Us Do the Work
How it works?
1
We Buy
We find, underwrite, negotiate, diligence, finance and manage each asset to be owned by the Fund.
2
You Invest
Accredited Investors become members of Fund 8 through an investment. This is not a REIT or Stock.
3
We Collect Rents
We expect the portfolio of properties to generate monthly income.
4
Distributions Occur
We seek to make monthly distributions to investors out of available cash.
Integrated.
Aligned.
Investor Friendly.
We have put great thought into aligning our interests with those of our investors and, we believe, that the structure of the Fund coupled with the experience of our team, will serve investors well.
Offering Terms
| Fund Size | $100 million |
| Term | Up to 10 years, or more. |
| Preferred Return* | 10% (Class A) / 8% (Class B) |
| Minimum Investment | $250k (Class A) / $50k (Class B) |
| Distribution Frequency | Monthly |
| Investor Suitability | Accredited Investors |
| Auditor | SquarMilner |
| Focus | Income + Capital Appreciation |
| Asset Classes | Self-Storage / Mobile Home Communities |
*Preferred Return shall mean, for any Class A Member or Class B Member, the amount that would be required to have been distributed so that the aggregate distributions to such Member provide a cumulative, non-compounded return equal to a certain annual percentage for Class A Members and Class B Members based upon such Member’s Invested Capital Contribution as identified in Table 4 of the Elevation Fund 8, LLC Private Placement Memorandum. Preferred Returns will begin to accrue on the first day of the first full month following the Investor’s Acceptance as a Member of the Company. Such amount will be calculated at the termination of the Company and at the point when the last distribution is made to the Members. Preferred Returns are not guaranteed but are subject to Class C Members subordination as described in Section 4.5 of the Elevation Fund 8, LLC Private Placement Memorandum. For additional disclosures, click here.
Features
Low Correlation (Beta)
Both Self Storage & Mobile Home Communities have demonstrated a low correlation to the broader market.
Tax Benefits
Use of accelerated depreciation, normal depreciation and cost segregation may result in the tax benefits to investors.
Return of Capital
Refi proceeds may return capital while maintaining asset ownership.
Diversification
The Fund intends to diversify across assets, geographic regions and asset classes.
Leverage
The initial loan-to cost ratio will likely be around 50% and increase over time.
Amortization
Loans obtained will likely be amortizing, which may reduce the debt balance over time, which may contribute to an increase in equity.
Gain From Our
Experience.
We are proud to offer investors the opportunity benefit from our experience by investing in two historically resilient asset classes that are geographically positioned and stewarded by a team with more than 200 years of combined experience. We take great pride in our platform and invite you to experience it firsthand.
Collective Experience
For a Singular
Purpose
The members of the Manager, and their Affiliates, have more than 200 years of combined experience acquiring and managing both Self Storage facilities and Mobile Home Communities. To learn more about each member of the team, click on the images.
Prior Projects
Disclosures
This is neither an offer to sell nor a solicitation of an offer to buy the securities described herein.
THE OFFERING IS MADE ONLY BY THE PRIVATE PLACEMENT MEMORANDUM. THIS MATERIAL MUST BE READ IN CONJUNCTION WITH THE PRIVATE PLACEMENT MEMORANDUM IN ORDER TO UNDERSTAND FULLY ALL OF THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES ASSOCIATED WITH AN INVESTMENT IN THE SECURITIES TO WHICH IT RELATES AND MUST NOT BE RELIED UPON TO MAKE AN INVESTMENT DECISION.
The offering of securities described herein will not be registered under the Securities Act of 1933 (the “Securities Act”) or the securities laws of any state and the securities are being offered and sold in reliance on exemptions from the registration requirements of the Securities Act and such laws. Neither the Securities and Exchange Commission nor any other federal or state agency has passed upon the merits of or given their approval to the offering of the securities, the terms of the offering or the accuracy or completeness of the offering materials. The offering of securities is being made only to Accredited Investors, as defined in Rule 501(a) of Regulation D of the Securities Act. An investment in the securities is highly speculative and involves substantial investment and tax risks. All prospective investors must review the Private Placement Memorandum in its entirety, including the section entitled “RISK FACTORS” before investing.
An investment in Elevation Fund 8, LLC is highly speculative and involves substantial risks, including, but not limited to: (1) Elevation Fund 8, LLC’s success depends upon the performance of the Manager in managing Elevation Fund 8, LLC and its investments, including decisions involving investment of Elevation Fund 8, LLC’s capital and the acquisition and disposition of properties and there is no guarantee Elevation Fund 8, LLC will raise enough capital to perform its investment objectives; (2) There can be no assurance that a prospective investor will receive any return on investment in Elevation Fund 8, LLC and/or realize any profit on a prospective investor’s investment in Elevation Fund 8, LLC and a prospective investor could lose all or a substantial portion of its investment; (3) The Manager has limited or no net worth and there can be no assurance that the Manager will have sufficient funds to meet its obligations to Elevation Fund 8, LLC or to otherwise financially support Elevation Fund 8, LLC; (4) The Class A members and Class B members have no power to take part in the management of Elevation Fund 8, LLC and have limited voting rights and will not have the opportunity to evaluate or approve any of Elevation Fund 8, LLC’s investments; (5) The Class A Interests and Class B Interests will be illiquid, and the transferability of the Class A Interests and the Class B Interests will be substantially restricted; (6) Elevation Fund 8, LLC may not have the cash flow necessary to make distributions to its members; (7) Elevation Fund 8, LLC will not diversify its investments and, therefore, the success of Elevation Fund 8, LLC will be dependent upon the success of the properties; (8) There are substantial risks associated with real-estate investments and ownership of storage facilities and mobile home parks; (9) There are various potential conflicts of interest among the Manager and its Affiliates and their principals.
Investors must read and carefully consider the discussion set forth under the section entitled “RISK FACTORS” in the Private Placement Memorandum for a complete discussion of these and other risks pertaining to this investment.
These projections are speculative and based on specific assumptions, which, if incorrect, would cause the actual returns to differ materially from the projected returns. You should review the entirety of the assumptions and risks set forth in the Private Placement Memorandum.
Any underlying assumptions and any forward looking statements herein may not be accurate, the projections herein shown may not occur, and actual results could differ materially due to risks and uncertainties that are beyond the Company's ability to control or accurately predict. To the extent the information in this communication conflicts with the information in the Private Placement Memorandum, the information in the Private Placement Memorandum shall govern.
The securities offered are an illiquid investment and involve a high degree of risk; Investors should be able to bear the loss of some or all of their investment. Investors should read and understand all of the risks and the entire Private Placement Memorandum before making a decision to invest.Past performance is no indication of future results and there can be no assurance that Elevation Fund 8, LLC will be able to execute the investment objectives for the Properties or the Offering.
This material is for general information purposes only and does not constitute legal, tax, investment or other professional advice on any subject matter. Information provided is not all-inclusive and should not be relied upon as being all-inclusive.
Any capitalized terms used but not otherwise defined in this Presentation shall have the meanings set forth in the Private Placement Memorandum.
Any reference to “Fund 8” “we” “our” or “fund,” regardless of capitalization, shall refer to Elevation Fund 8, LLC, and its Affiliates.
For additional disclosures, visit https://www.elevationfund.com/disclosure