Self Storage / Mini Storage Facility Financing


Loan Program Features 500K and up with no Maximum

Loan Term                     Fixed Rates for 5,7,10 years 

Ammortization                15 - 30 years

Loan-to-Value (LTV)       Up to 75% (90% w/ MEZZ CAP)

Debt Service Ratio          1.25 or more

Closing Time                  30 - 60 Days

Rate Lock Period            60 Days

Reserves                      0.10 psf

Vacancy                      10%

Management                 6%

Prepayment Options       Defeasance-Yield Maintenance

Recourse                      NO

Non-Recourse                YES except for standard carve-outs

Application Fee              None

Initial 3rd Party Fees      $15,000 to $25,000

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