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Snapbox Self Storage — Abingdon

Self-storage property in Abingdon, MD

HistoricalLast Form D filed Nov 17, 2022 (opens in a new tab)

Snapbox Self Storage — Abingdon was a DST that owned a self-storage property in Abingdon, MD. Its last Form D was filed Nov 17, 2022.

How it ended

No outcome recorded · under 7 years

Last Form D filed Nov 17, 2022.

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$5,452,563
Equity offered, per the Form D
Sold
1.7%
Form D, Nov 17, 2022; the % is our arithmetic
Investors reported
1
Form D, Nov 17, 2022
Selling commissions
$517,993 · 9.4% 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.
How it is financed ↓
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 →

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Ask a 1031 specialist about this recordFree. About: Snapbox Self Storage — Abingdon. Top1031 is not a broker-dealer.

What did the Trust own?

403 Arundel Court in Abingdon, Maryland is a self-storage facility operated under the Snapbox Self Storage brand — the Trust is named for its address. The operator lists climate-controlled and drive-up units, first-floor access, outdoor vehicle, boat and RV parking, keypad entry and 24/7 video surveillance. 1

Reported location
Abingdon, MD

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

No public source located establishes whether the Trust carries mortgage debt or was capitalized all-cash. The Form D does not address financing, and no lender or loan amount has been identified.

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
$517,993 · 9.4% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$276,000 · 5.0% 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
Nov 10, 2022
Minimum investment
$100,000

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 record holds one document: a New Notice Form D reporting a first sale on November 10, 2022, with no amendment or later filing since. 4

Legal Trust name
403 Arundel Court, DST
SEC CIK
1953937
First Form D
Nov 17, 2022
Latest Form D
Nov 17, 2022
Filings on record
1
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$5,452,563
$93,000
1
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 Snapbox Self Storage — Abingdon?
Snapbox Self Storage — Abingdon is a Historical offering. Last Form D filed Nov 17, 2022.
Who is the sponsor of 403 Arundel Court, DST?
The Form D does not name a sponsor entity. It identifies Jacob Ramage as an executive officer and as manager of the Trust's signatory trustee. JRW Investments, which offered the interests, names HSCP Snapbox as the sponsor and describes it as newly formed and new to the DST space. No sponsor legal entity beyond the "HSCP Snapbox" label was established in any public record located.
What is the Harford County tax sale listing about?
Harford County, Maryland's official 2025 tax-sale results document lists 403 ARUNDEL COURT DST, Tax ID 01261959, at 403 Arundel Ct, with a bid amount of $18,937,800.00 and CUSTOM 25 LLC as certificate holder. That document proves only that the parcel appeared in the results; it does not establish foreclosure, loss of title, the size of any delinquency, or whether the certificate was later redeemed.
What is the White Law Group investigation?
The White Law Group, a securities law firm, published an investor-loss investigation in February 2024 referencing the Form D filed November 17, 2022 by 403 Arundel Court, DST and the HSCP Snapbox sponsorship. A law-firm investigation page is a solicitation for potential claimants, not a finding by a court or regulator.
Does this Trust have a 721/UPREIT exit?
The record shows no provision to convert into a REIT. A 721 or UPREIT exit is an arrangement in which a DST's property is contributed to a real estate investment trust's operating partnership in exchange for partnership units; nothing in the filing or in the sources located indicates that path here.
How much debt is on the property?
Unknown. The Form D does not disclose financing, and no lender, mortgage amount, or loan-to-value figure was established in any public record located. A prospective investor would look to the offering documents for the capital structure.

In the news

Sources

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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.