Smartstop Self Storage REIT Inc., through its affiliate Blue Door AM I, LLC, has launched Blue Door Property III, DST, a Delaware Statutory Trust investment program aiming to raise approximately $28.4 million in equity. The offering is backed by three institutional-quality self-storage properties located in Orlando, Florida; Dallas, Texas; and Phoenix, Arizona, totaling over 1,900 units and more than 222,000 net rentable square feet. The portfolio is financed with about $24.2 million of non-recourse debt, representing a 46% loan-to-value ratio, providing accredited investors an opportunity to invest in the self-storage sector and defer taxes through a diversified, professionally managed platform.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smartstop Self Storage Reit Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251202628398) on December 03, 2025, and is solely responsible for the information contained therein.