Top1031

Self-Storage Portfolio XX DST

Self-storage property · sponsored by Inland Private Capital

HistoricalLast Form D, filed Nov 1, 2023, reports the offering fully sold (opens in a new tab)

Self-Storage Portfolio XX DST was a DST sponsored by Inland Private Capital that owned a self-storage property. Its last Form D, filed Nov 1, 2023, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Nov 1, 2023, reports the offering fully sold.

Inland Private Capital has 8 active offerings on record →

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$26,819,736
Equity offered, per the Form D
Sold
100%
Form D, Nov 1, 2023; the % is our arithmetic
Investors reported
67
Form D, Nov 1, 2023
Selling commissions
$1,340,987 · 5.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.

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: Self-Storage Portfolio XX DST. Top1031 is not a broker-dealer.

What did Self-Storage Portfolio XX DST own?

The SEC record identifies this Trust only as a self-storage program, and trade coverage describes the offering as redevelopment-focused rather than a single stabilized building. Individual property addresses, unit counts and the redevelopment scope were never published, so the number of facilities and the markets they sit in are not in the public record. The first sale of interests occurred on April 10, 2023. 3

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

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$1,340,987 · 5.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,178,565 · 8.1% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees, including Dealer Fee, Placement Agent Fee, O&O Expenses, Acquisition Fee and Reimbursement of Acquisition and Financing that may accrue to one or more related persons.”
Broker-dealers named in the Form D
19 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Apr 10, 2023
Minimum investment
$25,000

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. The issuer marked these amounts as an estimate.

What does the SEC record show?

The original Form D was filed before any investor money came in, and the two amendments that followed tracked the raise through to its close, each restating the same total offering amount. The final amendment also estimated roughly $2.18 million of fees payable to related persons, covering dealer and placement-agent, organizational and offering, acquisition, and financing reimbursement expenses. 3

Legal Trust name
Self-Storage Portfolio XX DST
SEC CIK
1972591
First Form D
Apr 6, 2023
Latest Form D
Nov 1, 2023
Filings on record
3
Offered under
Rule 506(b)
General advertising and solicitation are not permitted under this exemption.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D/A$26,819,736
$26,819,736+$3,678,504
67+15
EDGAR
Form D/A$26,819,736
$23,141,232+$23,141,232
52
EDGAR
Form D$26,819,736
$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 Self-Storage Portfolio XX DST?
Self-Storage Portfolio XX DST is a Historical offering. The last Form D, filed Nov 1, 2023, reports the offering fully sold.
Which self-storage facilities does the Trust own, and where?
The public record does not say. Form D filings do not require property disclosure, and no exact-entity source located in research names the facilities, their cities, unit counts or square footage. Those details would be in the offering documents.
Is the Trust leveraged, and who is the lender?
Unknown from the public record. Form D does not disclose mortgage debt, loan-to-value or lender identity, and no exact-entity source located in research reports financing terms for this Trust. Whether the portfolio carries debt, and on what terms, would be set out in the offering documents.
Could this Trust exit through a 721/UPREIT transaction?
The Top1031 record shows no REIT conversion feature for this Trust. A 721/UPREIT exit is a structure where DST investors contribute their property interest to a real estate investment trust's operating partnership in exchange for partnership units, deferring gain but ending 1031 eligibility going forward. Nothing in the reviewed record indicates that path here.
Has any sale or other outcome been reported for this Trust?
No outcome has been reported yet. A 2024 Inland Private Capital monetization announcement concerned other sponsored programs and does not apply to this Trust.

In the news

Sources

Show sources (5)Hide sources (5)

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.