---
title: "Mokena Self Storage in Mokena, IL Sold by Kingdom Storage Holdings and Titan Wealth Group"
url: https://burnaze.com/article/be1f1259-db65-46a1-8b93-3806d8a5cc1c
source: "Franchise Magazine USA"
original_url: https://franchisemagazineusa.com/mokena-self-storage-in-mokena-il-sold-by-kingdom-storage-holdings-and-titan-wealth-group/
category: "Real estate"
industry: "Business Services"
segment: "Real estate"
published: 2024-01-21T21:15:05.000Z
modified: 2026-11-01T01:05:58.622Z
image: https://images.unsplash.com/photo-1554435493-93422e8220c8?w=1600&q=80&auto=format&fit=crop
---

# Mokena Self Storage in Mokena, IL Sold by Kingdom Storage Holdings and Titan Wealth Group

**TL;DR:** Kingdom Storage Holdings and Titan Wealth Group sold Mokena Self Storage in Mokena, IL, achieving a 2.26x equity multiple and 118.4% internal rate of return. The facility was sold for $18,000,000 after just 13 months, exceeding initial projections.

*originally published in Franchise Magazine USA on 2024-01-21. [Read the original](https://franchisemagazineusa.com/mokena-self-storage-in-mokena-il-sold-by-kingdom-storage-holdings-and-titan-wealth-group/).*

## Story

Kingdom Storage Holdings and Titan Wealth Group recently announced the successful sale of Mokena Self Storage in Mokena, IL, exceeding all expectations. Originally projected to be a 60-month project, the facility was sold in just 13 months, providing investors with an impressive 2.26x equity multiple and 118.4% internal rate of return.

Fernando Angelucci, President of Titan Wealth Group and CEO of Self Storage Syndicated Equities, expressed his excitement over the higher returns achieved by investors in such a short period of time, stating, “We’re thrilled that our investors were able to achieve higher returns than our 5-year projections in just over a year.” Angelucci also pointed out the advantage of selling the property to a buyer who will benefit from the strong rental market, making it a win-win situation for all parties involved.

Mokena Self Storage is a state-of-the-art facility featuring a 3-story, climate-controlled building with two single-story wings, resulting in 108,659 net rentable square feet and 939 storage units, solidifying its standing as an industry leader in design and functionality.

The successful sale was made possible through the partnership between Titan Wealth Group, Kingdom Holdings, LLC, and Pine Forest Development, LLC. The facility was sold for a remarkable $18,000,000 late last year. Scott Meyers, Founder and CEO of Kingdom Storage Partners and Self Storage Profits, Inc., expressed his excitement over the unprecedented returns realized by investors on this project.

## Entities

- Franchise Magazine USA (publication)
- Real Estate (sector)
- real estate deal (topic)
- Mokena, Illinois (location)
- Kingdom (company)
- investment returns (topic)
- Kingdom Storage Holdings (company)
- Titan Wealth Group (investor)
- Mokena Self Storage (company)
- Fernando Angelucci (person)
- Scott Meyers (person)
- Pine Forest Development, LLC (company)

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Originally reported by Franchise Magazine USA (https://franchisemagazineusa.com/mokena-self-storage-in-mokena-il-sold-by-kingdom-storage-holdings-and-titan-wealth-group/). Summarized by Burnaze (https://burnaze.com/article/be1f1259-db65-46a1-8b93-3806d8a5cc1c).