VanWest Partners has launched VanWest Self Storage Fund II.
The fund will focus on acquiring existing self-storage facilities in a variety of target markets, and add value with capital improvements and management efficiencies to create consistent, repeatable income streams for the fund and the fund’s investors.
Fund II follows VanWest Storage Fund I, which closed in August of 2020 with approximately $30 million in self-storage assets acquired in Florida, North Carolina, Tennessee and Illinois.
Fund II will comprise a diverse mix of self-storage facilities within select markets in the United States, and provide an investment opportunity that combines predictable, distributable cash flow and long-term capital appreciation.