Osprey Storage Richmond
Self-storage in Richmond, KY — sponsored by Osprey Storage
Files with the SEC as Osprey Storage Richmond DST
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Osprey Storage Richmond DST is a Delaware statutory trust — a structure letting 1031 exchangers hold fractional interests in real estate — that owns one self-storage facility in Richmond, Kentucky.3 Osprey Storage filed one Form D, the SEC notice for a private offering sold to accredited investors meeting income or net-worth tests, in February 2023 and nothing since. Acquisition terms and debt are not in the public record.
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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?
Osprey Storage Richmond sits at 141 S Killarney Lane in Richmond, Kentucky, and operates under the Osprey Storage brand.3 The sponsor's DST listing cites 91% average occupancy at the facility.4 The facility page describes drive-up units, 24/7 access, and online rentals and bill pay.3 The sources located do not establish when the property was acquired or at what price.
- Reported location
- Richmond, KY
- Property size
- 404 units; 47,910 sq ft
Who is the tenant, and what's the lease?
Self-storage has no single tenant: income comes from many individual renters, and the facility advertises month-to-month rentals with no long-term commitment.3 Occupancy and rates therefore reset continuously rather than being fixed by one long lease. No master lease to an operating tenant is described in the sources located.
How did it end?
No sale or other ending on record
Osprey Storage Richmond (141 S Killarney Ln, Richmond, KY), a self-storage facility sponsored by Osprey DST Investments and placed in Osprey Storage Richmond DST (Form D Feb 8, 2023), continues to operate and accept customers per its active property website and the sponsor's current offerings page, with no public full-cycle sale, 721 UPREIT, foreclosure, or sale announcement found.
Single-property self-storage facility acquired by Osprey DST Investments (founder Matthew Ricciardella); 91% avg occupancy cited on sponsor page; Form D filed on a single day (Feb 8, 2023). No dated news article or closing announcement was located beyond the sponsor's portfolio listing.
404 units; 47,910 sq ftHow is it financed, and what does it pay?
The Form D does not disclose debt, and no lender, mortgage, or loan terms for this Trust surfaced in research.1 Whether the property is held with a mortgage or free of debt is not established in the public record.
Who's behind it?
Osprey Storage is a self-storage owner-operator that brings 1031 exchange offerings to market through its Osprey DST Investments arm, which lists this Richmond facility among its properties.4 The Form D names Matthew Ricciardella and Michael Hammill as executive officers and managers.1 No dated news item, closing announcement, or later filing tied to this Trust was located as of August 29, 2026.
- Sponsor
- Osprey Storage
- Legal Trust name
- Osprey Storage Richmond DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 0 active / 3 total offerings from Osprey Storage
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The Form D reports a first sale on January 30, 2023 and was signed February 7, 2023.2 Nothing has been amended, supplemented, or withdrawn since. The securities are beneficial interests in a Delaware statutory trust, offered privately to accredited investors without general advertising.
- 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 Osprey Storage Richmond?
Top1031 lists Osprey Storage Richmond as historical. It is no longer raising money.
Where does Top1031 get the data for Osprey Storage Richmond?
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.
What property does Osprey Storage Richmond DST own?
A single self-storage facility at 141 S Killarney Lane in Richmond, Kentucky, operated under the Osprey Storage brand. The sponsor's DST listing describes 404 units (including parking) and 47,910 rentable square feet, and cites 91% average occupancy. The facility page mentions drive-up units, 24/7 access, and online rentals and bill pay.
Is the offering still open to new investors?
The public record contains one Form D notice filed February 8, 2023, with no amendment, no termination notice, and no later SEC filing for this Trust. No sponsor closing announcement was located. Anyone evaluating current availability would need to confirm directly with Osprey Storage and read the private placement memorandum (PPM), the offering document that governs the deal.
Who are the tenants, and how does the property earn income?
There is no single corporate tenant. Self-storage income comes from many individual renters, and the Osprey Storage Richmond page states that month-to-month rentals with no long-term commitment are available. That structure means revenue depends on ongoing occupancy and street rates rather than on a fixed long-term lease.
Is the Trust leveraged?
Not established. The Form D does not disclose debt, and research located no lender, mortgage balance, or loan terms for this Trust. Whether the property carries a mortgage or is held free of debt would have to be confirmed from the PPM or the sponsor.
What was the stated minimum investment?
The Form D reports a minimum investment of $100,000 for the beneficial interests in the Delaware statutory trust. As with any Regulation D private offering, participation is limited to accredited investors — those meeting the SEC's income or net-worth thresholds.
What is not known about this Trust?
The located record does not establish the acquisition date or purchase price, any mortgage or leverage, a master lease structure, or any sale, disposition, or amendment after the February 8, 2023 Form D. The sponsor's occupancy figure is undated. Nothing in the record reports an outcome for this Trust.