YOU'RE INVITED....
New Investment Offering
Cleburne Storage Investment Opportunity
Located at Cleburne, TX
A 506 (c) offering to accredited investors
The Projections
Total Return
100%+
Internal Rate of Return (IRR)
19%+
Average Annual Cash on Cash Return (CoC)
8%+
Projected Holding Period
3-5 years
Minimum Investment
$100,000
Preferred
Return
6%
91,500 sq. ft. Class A Facility
This stabilized property includes 500+ storage units in a fully fenced and gated facility south of Fort Worth. Current occupancy is 82%, with a clear path to 88%+ through professional management, proven lease-up strategies, and operational improvements designed to maximize value.
High-Growth Cleburne, TX
Cleburne has seen 26% population growth since 2010 and benefits from Fort Worth’s expansion. Storage demand is supported by new housing, strong job diversity, and limited REIT competition, offering a compelling case for sustainable rent growth and investor-focused performance.
6% Pref + 18–20% IRR
Investors receive a 6% preferred return paid monthly before sponsors, with projected 18–20% IRR and a ~2.2x equity multiple. Combined with 100% bonus depreciation in Year 1 (~$4M), this structure delivers both immediate monthly income and significant long-term value.
Ready to Learn More?
This investment opportunity is open for a limited time under a 506(c) offering. Once allocations are filled, no additional subscriptions will be accepted.
If you’re an accredited investor and interested in learning more, the next step is simple: book a call with our investor relations team to review details, ask questions, and explore fit.
If you are...
For Accredited Investors Only
This opportunity is available exclusively to accredited investors under a 506(c) offering. Accredited investors meet certain income or net worth requirements as defined by the SEC.
$100,000 Minimum Commitment
The minimum investment for this offering is $100,000, with a projected 3–5 year hold period. Investors receive a 6% preferred return paid monthly, along with targeted 18–20% IRR and long-term equity growth.
...you are eligible to invest in
this opportunity
Property Images
THE PLAN
Increase Income
1. Boost occupancy through professional management and proven lease-up strategies.
2. Drive rental revenue growth by repositioning the property as a fully stabilized, Class A facility.
3. Capitalize on demand in a high-growth submarket with 25% population increase since 2020.
Decrease Expenses
1. Reduction in insurance premiums.
2. Reduce operating costs by implementing scalable, proven systems across assets.
3. Reduce management expenses and overhead.
The People
Stephen Lee-Thomas
Founder & Managing Partner – Stephen Lee-Thomas Capital (SLTC)
Stephen has built SLTC on the foundation of empowering both active and passive investors to succeed in multifamily real estate. With a track record of raising millions in equity and mentoring dozens of entrepreneurs, he specializes in structuring investor-first opportunities that prioritize transparency, consistent cash flow, and long-term wealth creation.
Shane Boring
Founder & Managing Partner – Boring & Co.
Shane Boring is a 3-term elected official, published author, and managing partner of Boring & Co., where he and his family have built a $25M+ portfolio of self-storage and parking properties across Texas. A seasoned entrepreneur and founder of SDB Creative Group, Shane is known for helping businesses grow and for mentoring the next generation of leaders.
Bryce Boring
Head of Acquisitions &Managing Partner – Boring & Co.
Bryce Boring heads acquisitions at Boring & Co., where he’s overseen nearly $30M in deals by targeting high-growth markets across Texas. With a marketing background that sharpened his ability to outmaneuver larger competitors, Bryce now applies the same edge in commercial real estate. He and his wife, Rachael, live in North Austin with their children and remain deeply involved in both family and community life.
© 2025 Stephen Lee-Thomas Capital – All Rights Reserved.
This material is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Any securities offering will be made only to accredited investors pursuant to a private placement memorandum and related documents, and only under Rule 506(c) of Regulation D. Past performance is not indicative of future results. Consult your legal and tax advisors before making any investment decision.