Elevation
Vero Beach

Invest now (Class A)

Invest now (Class B)

Asset type

Self Storage

Asset location

Vero Beach, Florida

Offering size

Up to $10,000,000 for Class A & B

Investment options

Class A (Income)/Class B (Capital Appreciation)

Investor Sustainability

Accredited Investors Only

Investor Sustainability

Accredited Investors Only

Minimum Investment

Class A: $50,000
Class B: $50,000

Focus

Class A: Income
Class B: Capital Appreciation

Backend Split

Class A: 50% to Class A
Class B: 75% to Class B

Income Distributions

Class A: Preferred Return ranging from 5% in Year 1 to 8% in Year 7*

Class B: Pro-Rata

Elevation Vero Beach SA, LLC (“VBSA”) was formed to acquire Riverside Self Storage (now called Mini U Storage Vero Beach) located in Vero Beach, Florida.

Update: While there is limited room remaining in this offering, VBSA officially closed on Riverside Self Storage in September of 2023.

With a management team that brings a substantial 200-year cumulative experience in the industry and a history of overseeing over 100 Self Storage assets, VBSA stands on a foundation of seasoned expertise.

Riverside is a modern and well-maintained facility featuring 316 units spread across 40,300 net rentable square feet with occupancy over 95%. With a 3-5 mile average household income ranging from $91,367 to $95,397 the future population growth in the area is projected to be above the national average, which will help increase the local demand for self-storage.

Executive Summary

Offering Documents

CERTAIN DISCLOSURES AND DISCLAIMERS

An investment in Elevation Vero Beach SA, LLC is highly speculative and involves substantial risks, including, but not limited to: (1) Elevation Vero Beach SA, LLC’s success depends upon the performance of the Manager in managing Elevation Vero Beach SA, LLC and its investments, including decisions involving investment of Elevation Vero Beach SA, LLC’s capital and the acquisition and disposition of properties and there is no guarantee Elevation Vero Beach SA, 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 Vero Beach SA, LLC and/or realize any profit on a prospective investor’s investment in Elevation Vero Beach SA, 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 Vero Beach SA, LLC or to otherwise financially support Elevation Vero Beach SA, LLC; (4) The Class A members and Class B members have no power to take part in the management of Elevation Vero Beach SA, LLC and have limited voting rights and will not have the opportunity to evaluate or approve any of Elevation Vero Beach SA, 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 Vero Beach SA, LLC may not have the cash flow necessary to make distributions to its members; (7) Elevation Vero Beach SA, LLC will not diversify its investments and, therefore, the success of Elevation Vero Beach SA, 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.