Blue Door Property I
Self-storage — sponsored by Blue Door AM
Files with the SEC as Blue Door Property I, DST
Minimum investment
$25k
Offering size
$29.8M
How much has sold
None sold yet
Asset type
Self-storage
Location
Not stated
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Blue Door Property I combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Property size
- Three-property portfolio; ~2,290 units / ~301,000 net rentable sq ft (Orlando ~680 units / 97,300 sq ft; Pasadena ~840 / 106,600; Corinth ~770 / 97,100)
How did it end?
No sale or other ending on record
Equity raise only just completed (~$29M fully subscribed November 24, 2025) per BusinessWire/Blue Door AM I announcements; the three-property Spartanburg County SC self-storage portfolio is held by a newly formed DST under SmartStop affiliate Blue Door AM I with no disposition or 721 news yet; SEC EDGAR shows only the original Sept 27, 2024 Form D with no 8-K, 3C/3D, or sale notice, so a full cycle at typical 5–10 year hold is not feasible yet.
Three-property all-cash self-storage DST sponsored by Blue Door AM I (SmartStop affiliate); $29.75M equity raised; originally filed Sept. 27, 2024.
Three-property portfolio; ~2,290 units / ~301,000 net rentable sq ft (Orlando ~680 units / 97,300 sq ft; Pasadena ~840 / 106,600; Corinth ~770 / 97,100)Supporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Blue Door AM
- Legal Trust name
- Blue Door Property I, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 2 active / 3 total offerings from Blue Door AM
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(b)Not advertised publicly. Offered through existing relationships.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Blue Door Property I?
Top1031 lists Blue Door Property I as historical. It is no longer raising money.
Where does Top1031 get the data for Blue Door Property I?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 8SmartStop's Blue Door AM I Debuts Three-Property $28.4M DST OfferingAltsWire article on the launch of Blue Door Property III, DST, noting that Blue Door Property I, DST had previously fully subscribed after raising $29.75 million in self-storage equity. Blue Door Property I, DST Fully Subscribes $29 Million All-Cash Self-Storage DST OfferingNasdaq reprint of the Business Wire press release announcing Blue Door Property I, DST is fully subscribed with $29.75 million raised for the self-storage Delaware Statutory Trust offering. SmartStop Affiliate Launches $64.8 Million Self-Storage DST OfferingAltsWire trade-press article covering the launch of the Blue Door Property II, DST self-storage program and referencing Blue Door Property I, DST as a previous SmartStop-affiliated DST. Blue Door AM I Announces Launch of $64.8 Million DST OfferingPress release announcing the launch of the follow-on Blue Door Property II, DST ($64.8M), references Blue Door Property I, DST as Blue Door AM I's prior Delaware Statutory Trust offering of self-storage properties, establishing Blue Door Property I as the sponsor's earlier offering. Blue Door Property I DST: Lawsuit InvestigationSecurities-law firm profile confirms Blue Door Property I, DST is a Delaware Statutory Trust created by Blue Door AM I, LLC offered to investors as a 1031 exchange option in 2024, and is currently the subject of investor lawsuit investigations.