December 13, 2021
Last week we closed the sale of an 88,000 SF self-storage project in Davie, Florida. The building was completed in December 2018 and by March 2021 the project had achieved stabilized occupancy of 90%. LP investors achieved a 24.3% IRR and 2.9x equity multiple.
![](https://static.wixstatic.com/media/81f6a0_7a90bb3a01134a9eb091a16bce6d4429~mv2_d_3082_1733_s_2.jpg/v1/fill/w_147,h_83,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_auto/81f6a0_7a90bb3a01134a9eb091a16bce6d4429~mv2_d_3082_1733_s_2.jpg)