Monday, April 3, 2023

Rising Capital LLC Sells Lafayette Parkway Self Storage in LaGrange, GA

 Sold! Rising Capital LLC purchased Lafayette Parkway Self Storage in LaGrange, GA in June 2020. We raised debt and equity in the beginning of a Pandemic! (not recommended!) We originally had a 5 yr hold with expected investor IRRs of 30%. Due to numerous unsolicited offers, we took the property to market with Matthews Investment Services. We sold this property in 2.75 yrs and achieved an investor multiplier of 2.6X and IRR of 41%. If you have self storage projects for us to consider please send opportunities to jodonnell@risingcapitalllc.com (484) 354-2162 





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