Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Saginaw Self-Storage Super Center is a Delaware statutory trust (DST) — fractional real estate ownership that can qualify for 1031 exchange treatment — holding a Class A, climate-controlled self-storage facility at 3784 Bay Road in Saginaw, Michigan.1 The sponsor is DealPoint Merrill, shown here as DPM. A single Form D from July 2022 is the entire SEC record; no amendments have followed.
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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?
DealPoint Merrill describes the property as a Class A, climate-controlled self-storage super center at 3784 Bay Road in Saginaw, Michigan.1 The company also lists that address among its completed developments, though the page gives no completion date.2 Its own pages disagree on size: the completed-developments listing shows 129,646 square feet rather than the figure below. No acquisition date or purchase price appears in any source located.
- Reported location
- Saginaw, MI
- Property size
- 582 units; 151,396 square feet
Who is the tenant, and what's the lease?
Self-storage has no single credit tenant on a long lease; income comes from many individual renters on short-term unit agreements, so there is no master lease term to read. No source located identifies the operator or third-party manager standing behind this Trust's property.
How did it end?
No sale or other ending on record
The Saginaw MI self-storage facility at 3784 Bay Road remains listed as an active DealPoint Merrill property with no sale, 721 conversion, or full-cycle announcement located.
DealPoint Merrill's property-specific page describes a Class A, climate-controlled 582-unit self-storage super center. Its property-specific page reports 151,396 square feet, while a separate completed-developments listing displays 129,646; the size field uses the property-specific page. No qualifying dated 2021-07 through 2026-08-03 article naming this offering or this property was located, and the public property page does not print the full legal DST name.
582 units; 151,396 square feetWho's behind it?
DPM is the name on the SEC filing; publicly the sponsor operates as DealPoint Merrill, whose site catalogs completed self-storage developments and includes the Saginaw address among them.2 The Form D names David Frank and David Rumsey as the offering's sponsor and promoters.3 No sale, 721 conversion (a swap of property for operating-partnership units in a REIT), or full-cycle announcement for this property was located.
- Sponsor
- DPM
- Legal Trust name
- DPM SELF STORAGE SAGINAW DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 0 active / 4 total offerings from DPM
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
One Form D — the short notice an issuer files with the SEC after starting a private placement — is the whole federal record here, with no amendments since. That filing reports a first sale on February 23, 2022, months before the notice reached EDGAR.3 Rule 506(c) permits public advertising, but every buyer's accredited status must be verified.
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- 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 Saginaw Self-Storage Super Center?
Top1031 lists Saginaw Self-Storage Super Center as historical. It is no longer raising money.
Where does Top1031 get the data for Saginaw Self-Storage Super Center?
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.
Is this Trust still open to new investors?
Top1031 classifies it as raising based on its Form D, which showed the offering not fully subscribed. That notice was filed July 28, 2022, and no amendment or later filing has been added since, so the SEC record has not been refreshed in years. Anyone mid-exchange should confirm current availability directly with DealPoint Merrill or their own representative.
Where is the property and what is it?
DealPoint Merrill identifies it as the Saginaw Self-Storage Super Center at 3784 Bay Road, Saginaw, Michigan 48603 — a Class A, climate-controlled self-storage facility. The sponsor's own pages report different square-foot totals for the asset, so treat the size figure as sponsor-reported rather than independently verified.
Who operates the storage facility, and is there a lease to review?
No source located names the operator or property manager for this Trust. Self-storage generally has no single long-term tenant: hundreds of individual renters sign short-term unit agreements, so investor income depends on ongoing occupancy and rate management rather than one lease with one credit tenant.
How much debt is on the property?
Nothing in the SEC filing or the sponsor's public pages discloses property-level debt, a lender, or a loan-to-value figure for this Trust, so leverage is recorded here as unknown. The private placement memorandum (PPM) — the sponsor's full offering document — is the place that would set out any financing terms.
Can this Trust roll into a REIT at the end?
The record here shows no 721/UPREIT structure, meaning there is no disclosed path to exchange the property for operating-partnership units in an affiliated REIT. An investor's exit would depend on whatever disposition terms the PPM and trust agreement set out.
What does Rule 506(c) mean for this offering?
506(c) is the private-placement exemption that lets an issuer advertise a deal publicly. In exchange, every purchaser must be an accredited investor and the sponsor must take reasonable steps to verify that status — typically tax returns, brokerage statements, or a letter from a CPA or attorney, rather than a self-certification checkbox.