Nomad Capital Details
Assets Under Management$150M
Number of Deals Exited5
Average IRR19.00%
Average Equity Multiple3.5x
5.00
Nomad Capital Website
Nomad Capital Overview
The concept of Nomad Capital originated when founders, Erik and Levi Hemingway, traveled the world for three and a half years due to their passive income from self storage. It is Nomad Capitals mission to help others experience the power of passive income and to build their own 'Nomadic' journey. Nomad Capital is a full service syndication and development company based in Wilmington, NC specializing in value-add, climate-control self-storage. We create enormous value-add opportunities to our investors not only by acquiring undervalued properties but also by use of our in-house construction team, Elm Builders, and our in-house property management company, City Storage! Through our 25 years of experience in the industry and with a data driven approach we are able to create exceptional returns for our investors to help them build their own story and journey! Our completely vertically integrated team specializes in self storage developments, acquisitions and conversions. This allows us to operate on drastically lower margins and fees than our competitors which in return passes directly to our investors. This allows us to give exceptional returns to our investors and continue grow the Nomad community and story. Our goal is to build a community of generational wealth and freedom through passive income and real estate for everyone involved with Nomad Capital. Follow and join our aspirations to reach a $1 billion worth of Assets under management in the self storage space. Contact us to start your nomadic journey and obtain locational independence, freedom of time while earning generational wealth!
Address
616 Market Street
Wilmington,
North Carolina
28401
Year Founded
2021
Operates In
North Carolina
Arizona
Virginia
Georgia
South Carolina
Asset Classes
Storage
Construction
Development
Accepted Investors
Accredited
Non-Accredited
Family Office
Qualified Purchaser
Edsel G.
5.00
"Storage with Nomad"
Very impressed with the Nomad team and looking forward to continued prosperity with Nomad.
Verified Investor
5.00
"Love investing with this team!"
My wife and I have known and worked with one of the partners of Nomad for five years, and have made four investments with them. We have never been disappointed in the level of communication, nor the performance of the investments themselves. When one of the projects recently sold, we realized a payout that was far above our expectations. The team has always made themselves available for questions and concerns, and we foresee investing with them for many years to come.
Stephan W.
5.00
"Exceeded Expectations — Even in a Tough Market"
I've invested with Nomad Capital in several storage conversion projects and couldn’t be happier with the experience. Their team is professional, transparent, and extremely informative — providing detailed monthly updates that make you feel genuinely connected to the progress. One of the projects was paid out ahead of schedule, and even exceeded the promised return, which is remarkable considering how challenging the market has been over the past few years due to rising interest rates. Their performance, communication, and ability to deliver results speak volumes. I look forward to investing with them again.
Verified Investor
5.00
"Great at performance and communication "
Invested 250k and got back a 1.77x multiple on self storage deal. Great group to work with and always there to answer your questions. Most importantly, love their performance!
