Red Hawk Garage Suites - Glendale, Arizona
Location: Glendale, Arizona
Red Hawk Garage Suites - Glendale (RHGS-Glendale) is a new construction commercial real estate project offering up to 100 units at $25,000 per unit. Red Hawk Garage Suites is a for sale, fully customizable, large-scale, luxury automotive garage self-storage condominium. The project is situated on a 3.6-acre site in Glen Harbor Commerce Park north of Glen Harbor private airport. RHGS-Glendale offers 61 Garage Suites ranging in size from 23'x33' to 27'x50' plus access to all the amenities offered including the Members Only Club House. The luxury self-storage garage concept is fully proven in the car-centric broader metro-Phoenix industrial/self-storage market. This is the final equity funding round for RHGS-Glendale. Site development commenced in July 2024 and the first phase of vertical construction (26 Garage Suites including the Members Only Club House) is expected to deliver in Q2 2025. The project is expected to complete construction in Q1 2026. RHGS-Glendale already has booked 8 presales. The RHGS-Glendale investment offers 2.2x equity multiple and 33% IRR over an 18-30 month project hold. Access Offering Memorandum Executive Summary using this link: RHGS-Glendale LP Shares Folder See www.redhawkgaragesuites.com for more details on the project site, amenities offered in Red Hawk Garage Suites, presales and more. Contact me (Charles Eckert, Jr.) directly for a full Offering Memorandum, to discuss the project and to obtain subscription docs for your investment and to obtain Operating Agreement. I am the sponsor and the developer. Also note, we have two other projects we are funding: One is a 9,718 sf multitenant restaurant building on a hard corner in a fully built out neighborhood shopping center in north Phoenix called Happy Valley Crossroads. We are raising $600,000 in our final equity round for that project (20 units at $30,000 per unit). The site is fully improved. Building is 100% pre-leased with three national tenants and two local tenants. Intend to commence vertical construction in Q1 2025 and deliver in Q3 2025. See LPShares.com listings under 1710 West Happy Valley Road. The third new project is our newest Red Hawk Garage Suites project in Prescott, Arizona (RHGS-Prescott). We are raising $5MM in our initial equity round. Land was purchased in October 2024. Stie is fully improved and situated on SR-89 just 1/2 mile north of Prescott Regional Airport. This project will commence construction summer of 2025. The project is situated on a 5.93-acre site and offers 86 Garage Suites for sale. See Red Hawk Garage Suites - Prescott on the LPShares.com website.
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