Blue Door Property III DST
Investment Description
This Delaware statutory trust holds self-storage facilities in Phoenix, Arizona; Longwood, Florida; and Dallas, Texas. A parent trust owns the property-level operating trusts, each associated with a storage facility. The facilities operate under affiliated management and master leases, while investors hold beneficial interests in the parent trust.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- Blue Door AM I, LLC
- Location(s)
- Arizona, Florida, Texas
- Equity
- $28,444,976
- Debt
- $24,191,359
- LTV (investor offering)
- 45.96%
- Property Type
- Self-storage
Projected income percentages use original equity and exclude exit proceeds. LTV = allocated debt / (equity + allocated debt). The average covers seven years before the modeled sale. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
Blue Door AM I, LLC
Blue Door AM I, LLC sponsors the offering within the SmartStop-affiliated self-storage platform. Related entities serve as depositor, managers, master tenants and lender, and the PPM describes an affiliate’s retained trust interest.