FlexCaves Martin City offers a ground-floor investment in a next-generation luxury small-bay flex platform reimagining storage, work, and lifestyle. This $20MM development will deliver 51 fully finished, climate-controlled units across 5 acres in the prime Martin City corridor—within one of the most in-demand industrial asset classes among institutional and private capital. Small-bay flex continues to benefit from strong industrial market tailwinds, including rising occupancy, rental premiums, and long-term redevelopment value.
The project includes a $5.5MM equity raise funding land acquisition, construction, marketing, and reserves, structured into 1,000 units at $5,000 each with a $250,000 minimum investment. Investors receive a 9% preferred return followed by a tiered profit waterfall—70/30 to 15% IRR, 60/40 to 18%, and 50/50 thereafter—targeting a 21–23% IRR over a five-year hold.
Liquidity is built into the strategy through a Year 3 refinance providing a partial return of capital, followed by a full exit via asset sale at the end of the hold period. Each unit represents a proportional equity interest backed by real estate and senior debt, offering downside protection with scalable upside.
• Next-Generation Small-Bay Flex Development in a Prime Corridor $20MM ground-up project delivering 51 luxury, climate-controlled flex units across 5 acres in the high-demand Martin City submarket.
• One of the Hottest Industrial Asset Classes with Strong Tailwinds Small-bay flex continues to attract institutional and private capital, benefiting from rising occupancy, rental premiums, and long-term redevelopment value.
• Attractive Returns with Built-In Upside & Liquidity 9% preferred return, targeted 21–23% IRR, with a Year 3 refinance for partial capital return and full exit at stabilization.