NationWide II Self Storage & Auto Wash Trust

3680 East 4th Avenue, Vancouver, BC | Location Map

Trust Overview

Current Status:  Open for Business!  |  Lease-up Stage

The NationWide II Self Storage & Auto Wash Trust (the “Trust”) investment offering is now closed.  The state-of-the-art, carbon-neutral self-storage and auto wash facility commenced construction in the Summer of 2020 and received its occupancy permit from the City of Vancouver on December 6, 2022.

Please visit our Property Overview tab above or our posted Investor Updates for further details on operations to date.

Income Trust Details

The Trust was structured to provide holders of participating preferred trust units (“Trust Units”) with a source of tax-advantaged income paid monthly and the potential for annual special cash distributions, while preserving and growing the original capital investment.

Fund Facts
Current Trust Unit Value: $110 per Trust Unit
Fund Type: Income Trust
Sector Focus: Self Storage Commercial Real Estate
Inception Date: May 11, 2017
Offering Closed: April 30, 2019
Offering Size: $39,000,000
Estimated Liquidity: 5—7 years
FundSERV Codes: Class A CDO NW021 / Class F CDO NW022

Cash Distributions

Monthly cash distributions to investors generally start 18-24 months from the closing of an offering and is dependent on the opening and occupancy levels of the facility.

The City of Vancouver granted our building and development permits in June 2020 and construction was completed and the occupancy permit was granted in December 2022.

Please visit our Property Overview tab above or our posted Investor Updates for further details on development to date.

Tax Reporting

T3 Statement of Trust Income Allocation (T3 Tax Slips) are sent out on or before March 31st in the years that Trust income (Cash Distributions) is paid out to investors.

T3 Tax Slips are mailed out from NationWide’s back office to the investors on or before March 31st.

Please visit our Property Overview tab above or our posted Investor Updates for further details on development to date.


This is not a formal offering document. Prospective purchasers of this investment opportunity were provided with a formal Offering Memorandum and needed to be qualified for investment prior to making any investment. No person has been authorized to give any information or to make any representation not contained in the formal Offering Memorandum. No securities regulatory authority or regulator has assessed the merits of the proposed offering or reviewed the formal Offering Memorandum.

This investment opportunity is speculative and involves a high degree of risk. There is a risk that any investment made will be lost entirely or in part. Only prospective investors who do not require immediate liquidity of their investment and who can afford the loss of their entire investment should consider this investment.

Frequently Asked Questions

When will monthly cash distributions commence?

Cash distributions to investors are estimated to commence approximately 12-30 months of the final investment closing, however cash distributions may commence within 3 months after acquisitions of an already existing storage facility or within 18 months after the development or retrofit of an existing warehouse into a self storage facility.

How and when do investors receive their tax slips?

On or before March 31 of the year following the announcement of cash distributions in the Trust, investors will be mailed a T3 – Statement of Trust Income Allocations and Designations from NationWide’s back office. Investors will receive a T3 for each year they own Trust units.

When will the liquidity event take place and what will investors receive at that time?

Liquidity event is expected to occur within approximately 5 to 9 years. It is anticipated that investors will receive cash or shares of a publicly traded company, but the terms and timing of a liquidity event (if any) will depend on opportunities available at the time.