El Fundo

Actively Raising

Overview

"El Fundo" will be Nomad Capital's first fund with its goal to bridge the gap between investors' nomadic dreams and reality! The Fund is similar to every past Nomad Capital deal, except this time, you will be investing into 4-6 deals at a time to diversify your portfolio and mitigate the risk! Think of it as a growth mutual fund but in Commercial Real Estate Development! This will be a hybrid fund as we are already under construction on the first two properties and are under contract on properties three and four. The funds focus and thesis will still be heavy value-add development and conversion with the possibility to add existing facilities with expansion opportunities. The first two closed properties are only 30 minutes away from each other which will add to our already strong portfolio in the 'Triad' area in North Carolina! Being that Nomad Capitals' backbone is our inhouse construction company, Elm Builders, each of these properties will experience heavy value-add by means of a conversion generating massive cashflows at a fraction of the initial or replacement cost. As an investor, you will experience the same treatment in the fund as our previous deals, except with more ownership in more properties!

Accepted Investors

Accredited

Raise Close Date

Evergreen

Regulation Type

506B

Deal Type

Fund

Asset Location(s)

North Carolina

South Carolina

Georgia

Virginia

Asset Class(es)

Storage

Avatar

Nomad Capital

5.00

Details

Target Raise$10M
Min Investment$50,000
Target IRR19% - 22%
Target Hold Period10 years
Target Equity Multiple3.2x - 3.5x
Preferred Return6% - 8%
Target AAR21% - 25%