Top1031

Go Store It Hampton

Self-storage property in Newport News, VA · sponsored by Go Store It Partners

HistoricalLast Form D filed May 21, 2024 (opens in a new tab)

Go Store It Hampton was a DST sponsored by Go Store It Partners that owned a self-storage property in Newport News, VA. Its last Form D was filed May 21, 2024.

How it ended

No outcome recorded · under 7 years

Last Form D filed May 21, 2024.

Key facts

Minimum investment
$50,000
From the Form D
Offering size
$15,000,000
Equity offered, per the Form D
Sold
38.0%
Form D, May 21, 2024; the % is our arithmetic
Investors reported
24
Form D, May 21, 2024
Selling commissions
$900,000 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: Go Store It Hampton. Top1031 is not a broker-dealer.

What did Go Store It Hampton own?

The Form D filings name no street address. Go Store It's own location list includes a facility at 5200 W Mercury Blvd in Newport News, Virginia, marketed with climate-controlled and indoor units — the property Top1031's data ties to this Trust. 3 No purchase date, price, or year built appears in the filings or in the public sources located, so the building's acquisition history remains unresolved.

Reported location
Newport News, VA

How was it financed, and what did it cost to sell?

The Form D filings say nothing about mortgage debt, lender identity, or whether the Trust is leveraged or all-cash. Those terms live in the offering documents which are not public.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$900,000 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jun 30, 2023
Minimum investment
$50,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.

What does the SEC record show?

Legal Trust name
Go Store It Hampton DST
SEC CIK
1969661
First Form D
Mar 16, 2023
Latest Form D
May 21, 2024
Filings on record
2
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$15,000,000
$5,708,704+$5,708,704
24
EDGAR
Form D$15,000,000
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

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.

Common questions

What happened to Go Store It Hampton?
Go Store It Hampton is a Historical offering. Last Form D filed May 21, 2024.
What am I actually buying in this Trust?
A beneficial interest in Go Store It Hampton DST, a Delaware statutory trust organized in 2023 that holds a self-storage property operated under the Go Store It brand. A DST interest is treated as real property for Section 1031 purposes, which is why exchangers use it, but you have no management role — the sponsor and its affiliates make all operating decisions.
Where is the property?
The SEC filings do not state an address. Go Store It's own location page lists a facility at 5200 W Mercury Blvd, Newport News, Virginia 23605, which is the property Top1031's data maps to this Trust. Confirm the exact property, parcel, and square footage in the offering documents before relying on it.
How is the property leased?
Self-storage income comes from many individual customers rather than one corporate tenant. The Go Store It facility markets month-to-month rentals with no long-term contracts and no deposits. Whether the Trust itself sits above a master lease to a sponsor affiliate is not disclosed in the Form D filings.
Can this Trust convert into a REIT or do a 721/UPREIT exit?
No. The record shows the Trust is not structured to convert to a REIT, so a 721 exchange — contributing the property into a REIT's operating partnership in return for units — is not part of the disclosed plan. The exit path would be a sale of the property.
How much debt does the Trust carry?
Unknown from public filings. Form D and Form D/A report offering terms, not capitalization, and the filings for this Trust disclose no mortgage amount, lender, loan-to-value, or interest rate. Those figures, if any, are in the offering documents and loan documents.

Sources

Show sources (6)Hide sources (6)

These links support the record as a whole; individual details may come from different sources.

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 offering documents before investing.