Explore the Taylor, MI Self-Storage Investment Launch

Taylor, Michigan leads our next self-storage investment, featuring the acquisition of a newly constructed Class A facility with 92,375 net rentable square feet (NRSF) and 927 units. This project targets an undersupplied market with strong fundamentals and limited Class A competition. The store is now open and actively leasing up, allowing investors to capture lease-up value with zero construction risk.
The facility is strategically positioned adjacent to the I-94/I-75 interchange and the Detroit Metropolitan Airport, will be professionally managed by Extra Space Storage, and benefits from Hearthfire’s strong momentum in the adjacent Romulus submarket.

Exceptional Risk-Adjusted Returns with Tiered Investor Classes

Class A IRR: 21–23% | Equity Multiple: 2.5–2.7x | AAR: 32–35%
First-tranche preferred terms (10% preferred return + 85/15 and 60/40 tier splits) for Class A investors committing by September 15.
Borrower-friendly structure combining local credit union financing with PACE, a state-subsidized program, offering more flexible terms than private or CMBS debt.
Hearthfire Co-Investment of 5% equity aligns sponsor interests with investors.

20250724_134819

20250724_134844

20250724_090316

20250724_115326

Taylor-Michigan

A-50k

B-50k

C-50k

F-50k

E-50k

D-50k

Why Taylor, MI?

Taylor, part of Metro Detroit’s Downriver community, offers exceptional connectivity and demographics for self-storage investment. West of Detroit and adjacent to Detroit Metro Airport, the site benefits from strong residential neighborhoods and saturation levels far below national averages.

99K+ Population in 3-Mile Radius
5.59 SF/person existing Saturation (National: 8.0-8.5)
6.02 Saturation based on new supply in pipeline
Strong Competitor Occupancies in mid-to-low 90%
REIT Management by Extra Space Storage, the #2 storage PM in the nation

The Power of Extra Space Storage

#1 Largest Operator in the U.S. with ~3,700 stores and 280M+ sq. ft. under management
Data-Driven Advantage: proprietary pricing algorithms maximize rental income daily
Proven Performance: top-performing REIT for a decade with resilient NOI growth.
Brand Recognition: faster lease-ups and stronger customer demand than private operators.
Investor Takeaway: Extra Space brings scale, technology, and a track record that translates into superior, stable returns.

Self Storage Advantage:
Higher Income, Better Exits

Lower Costs, Higher Margins: national economies of scale in marketing, call centers, insurance, and operations.
Institutional-Grade Signal: EXR only manages high-quality assets, boosting buyer confidence
Exit Value Boost: facilities under EXR management are more attractive to REITs, PE firms, and aggregators
Smoother Operations: AI-driven systems, remote monitoring, and centralized leasing reduce risk and overhead
Investor Takeaway: Partnering with Extra Space materially de-risks the investment and increases both income and exit multiple potential.