Go Store It Richmond Storage, DST reached full cycle on September 1, 2024, the date the record carries for the sale of the property it held. The disposition record identifies that property as 1906 Bishop Rd in Richmond, Virginia, and its sale closes out the Delaware Statutory Trust (DST).
Term as filed | Detail |
|---|---|
Asset class | Commercial |
Offering amount | $10,925,000 |
Minimum investment | $25,000 |
First Form D | January 15, 2021 |
Those terms come from the Trust's Form D. A Form D states what is being offered and to whom. It says nothing about how the property performed or what investors received at the end, and no private placement memorandum for this Trust is public.
The sponsor is not among those terms. Madison Capital Group is named in the disposition record, as the party that announced the completion.
The hold is where the record splits. Madison Capital Group characterized it as approximately 4.5 years. Measured from the Trust's first Form D to the sale, the hold is 3.6 years. Top1031 reports the filing-to-sale figure, because both of its endpoints are dated entries in the public record, while the start point behind the sponsor's figure is not stated.
The public file carries no dated document reporting this Trust's outcome, and no sale price for 1906 Bishop Rd appears in it. What the record establishes is the event and its bookends: the Form D of January 2021 and the sale of September 2024.