property details

DPM Redford Self Storage Fund LLC

Total SF 99,075
12282 Woodbine Ave, Redford Charter Twp, MI 48239, USA
property details

DPM Redford Self Storage Fund LLC

Total SF 99,075
12282 Woodbine Ave, Redford Charter Twp, MI 48239, USA
Convert an existing 90,000 SF industrial building located in an opportunity zone [OZ] in Detroit, MI on 3.24 acres.  The property will be converted into a 99,075 SF Class “A” climate-controlled self-storage, consisting of 1,033 units including 145 units of exterior drive-up storage. Located directly across the street from the property, is the 2.3 million SF Detroit Diesel Corporation (DDC), a subsidiary of Daimler Truck North America, building chassis components, such as engines, axles, transmissions for the on-highway and vocational commercial truck markets. 

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Property Snapshot
- Maximum Offering Amount: $7,500,000
- Interest Rate: 13.0% 
- Paid Quarterly: 8.0% (Annualized) 
- Paid at Maturity: 5.0% (Annualized)
- Maturity Date: Sept. 30, 2025 with a 1-year extension option $100,000 
- Minimum Purchase: $100,000
 - DPM Redford Self Storage Fund LLC (“Fund”) is offering Series 2022 13% Debentures in the 
maximum aggregate principal amount of $7,500,000.
 - Accredited Investors Only
 - Business Plan: Offering proceeds will be distributed to the members of the Fund, which will in 
turn make an equity investment in DPM Woodbine Self Storage LLC (“Project Owner”). The Project Owner intends to use such funds to acquire and convert an existing building (90,000 SF) located on 3.24 acres into a 99,075 SF Class “A” climate-controlled self-storage facility. Neither the Fund, nor the investors, will have any ownership interest in the real property. 

property DOCUMENTS

DPM Redford Self Storage Fund LLC
Site Location & Documents

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Offering Disclosure

The contents of this communication: (i) do not constitute an offer of securities or a solicitation of an offer to buy securities, (ii) offers can be made only by the confidential Private Placement Memorandum (the “PPM”) which is available upon request, (iii) do not and cannot replace the PPM and is qualified in its entirety by the PPM, and (iv) may not be relied upon in making an investment decision related to any investment offering by an issuer, or any affiliate, or partner thereof ("Issuer"). All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. With respect to any “targeted” goals and performance levels outlined herein, these do not constitute a promise of performance, nor is there any assurance that the investment objectives of any program will be attained. All investments carry the risk of loss of some or all of the principal invested. These “targeted” factors are based upon reasonable assumptions more fully outlined in the Offering Documents/ PPM for the respective offering. Consult the PPM for investment conditions, risk factors, minimum requirements, fees and expenses and other pertinent information with respect to any investment. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. All offerings are intended only for accredited investors unless otherwise specified. Past performance are no guarantee of future results. All information is subject to change. You should always consult a tax professional prior to investing. Investment offerings and investment decisions may only be made on the basis of a confidential private placement memorandum issued by Issuer, or one of its partner/issuers. Issuer does not warrant the accuracy or completeness of the information contained herein. Thank you for your cooperation.

Securities offered through Emerson Equity LLC Member: FINRA/SIPC. Only available in states where Emerson Equity LLC is registered. Emerson Equity LLC is not affiliated with any other entities identified in this communication.

1031 Risk Disclosure:

  • There is no guarantee that any strategy will be successful or achieve investment objectives;
  • Potential for property value loss – All real estate investments have the potential to lose value during the life of the investments;
  • Change of tax status – The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities;
  • Potential for foreclosure – All financed real estate investments have potential for foreclosure;
  • Illiquidity – Because 1031 exchanges are commonly offered through private placement offerings and are illiquid securities. There is no secondary market for these investments.
  • Reduction or Elimination of Monthly Cash Flow Distributions – Like any investment in real estate, if a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions;
  • Impact of fees/expenses – Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits