Go Store It Texas, DST
Self-storage property in Whitney, TX · sponsored by Madison Capital Group
Go Store It Texas, DST was a DST sponsored by Madison Capital Group that owned a self-storage property in Whitney, TX (1,484 units). Its last Form D was filed Jun 5, 2024.
How it ended
No outcome recorded · under 7 years
The record lists the offering as fully subscribed; the last Form D was filed Jun 5, 2024.
Key facts
- Minimum investment
- $50,000From the Form D
- Offering size
- $20,994,413Equity offered, per the Form D
- Sold
- Not reported after the first Form D (Jun 5, 2024)Form D, Jun 5, 2024
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,259,665 · 6.0% of offering
- 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 Texas, DST. Top1031 is not a broker-dealer.Go Store It Texas, DST · Whitney, TX · Photo: modernstoragemedia.com
What did Go Store It Texas, DST own?
The Trust holds three self-storage facilities in Whitney, Texas, in Hill County roughly 40 miles north of Waco near Lake Whitney. Madison Capital Group states that the offering's three properties are all located in Whitney. 1 The sponsor announced on May 23, 2024 that its affiliate Go Store It Self Storage had acquired a three-facility Hill County portfolio near Lake Whitney, though that announcement did not name this Trust. 2 Exact street addresses are not confirmed in a trust-level record.
- Reported location
- Whitney, TX
- Property size
- 1,484 units / 246,775 sq ft across 3 facilities
How was it financed, and what did it cost to sell?
There is no lender in this deal. Madison Capital Group describes the Trust as all-cash and debt-free, meaning no mortgage sits above investors — no loan maturity, no refinancing deadline, and no lender able to foreclose. 1 It also means no borrowed money magnifying results in either direction.
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $1,259,665 · 6.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Realta Equities, Inc. · CRD 23769
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- 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.
Who's behind Go Store It Texas, DST?
Madison Capital Group is a Charlotte, North Carolina real estate firm; the Trust's SEC record lists a Charlotte business address at 6805 Carnegie Blvd. 3 Its affiliated operating brand, Go Store It, runs more than 95 self-storage locations across 17 states. Modern Storage Media reported on February 7, 2025 that Madison Capital Markets Group had closed the Go Store It Texas DST to additional investments. 4
- Sponsor
- Offerings on record
What does the SEC record show?
Madison Capital Group filed a single Form D for this Trust — the short notice an issuer sends the SEC when it sells securities without registering them. 5 The offering is made under Rule 506(c), which permits public advertising but requires the issuer to verify that every buyer is an accredited investor.
- Legal Trust name
- Go Store It Texas DST
- SEC CIK
- 2021044
- First Form D
- Jun 5, 2024
- Latest Form D
- Jun 5, 2024
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $20,994,413 | $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 Texas, DST?
- Go Store It Texas, DST is a Historical offering. The record lists the offering as fully subscribed; the last Form D was filed Jun 5, 2024.
- What does an all-cash, debt-free DST mean for a 1031 exchange?
- Madison Capital Group describes this Trust as all-cash and debt-free, so no mortgage sits above the investors and there is no loan to refinance or default on. The trade-off matters at exchange time: an exchanger who had mortgage debt on the property they sold generally needs to replace that debt or offset it with additional cash, and a debt-free DST supplies no replacement debt. That is a question for your own tax adviser and the offering documents.
- Who are the tenants?
- There is no single credit tenant. Self-storage revenue comes from many individual and small-business renters on month-to-month agreements, so income tracks occupancy and rental rates rather than one long lease. Madison Capital Group states that all locations in the three-property offering have fully stabilized occupancy. No independently verified rent roll or occupancy figure was located.
- Where exactly are the three properties?
- All three are in Whitney, Texas, per Madison Capital Group. Street-level detail is unresolved: independent trade coverage lists addresses on N Brazos Street, E Adams Avenue and FM 2604, while Go Store It's own Whitney location directory shows a different house number on North Brazos. Top1031 does not publish a normalized address without a trust-level record confirming it.
- Can this Trust convert into a REIT?
- The record shows no REIT conversion feature — no 721/UPREIT exit, meaning no stated path to swap beneficial interests for operating-partnership units in an affiliated REIT at the end of the hold. Any exit mechanics would be set out in the offering documents.
- How was this offering sold?
- Under Rule 506(c), an exemption that lets an issuer advertise a private placement publicly but requires it to take reasonable steps to verify that each investor is accredited — typically by reviewing tax returns, brokerage statements, or a letter from a CPA or attorney. That is a stricter verification standard than the 506(b) route, where self-certification is common.
In the news
Sources
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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.