Lone Star Storage Center - San Angelo

Top1031 lists Lone Star Storage Center - San Angelo as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

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.

Nothing in this Trust's public filings references Apollo Global Management. The January 21, 2026 Form D names Apollo San Angelo ST LLC as its only related person and signatory trustee, Top1031's data attributes the offering to Apollo Funding Partners of Austin, Texas, and January 2026 trade press named Apollo Real Estate Capital LLC as the buyer of the San Angelo facility. Those are separate legal names from the large listed asset manager, and no public record located establishes a relationship among the similarly named firms.

There isn't one. Self-storage is operated rather than leased: income comes from hundreds of short-term unit rentals that can be repriced frequently, so there is no credit tenant, no lease term, and no contractual rent escalation schedule. The trade-off runs opposite to a net-leased building — no single tenant to lose, but income resets continually with local demand, new supply, and competitor discounting. The operator's current leasing page for the Sherwood Way address, branded Ideal Self Storage, publishes no occupancy percentage or rent roll.

Public filings do not say. A Form D discloses the securities being offered, not property-level debt, and no lender, loan amount, or loan-to-value figure for this Trust appears in the record. The PPM — the private placement memorandum given to prospective investors — and the closing documents are where a buyer confirms whether the property carries a mortgage and on what terms, including maturity date and any extension options.

Top1031's data shows no REIT-conversion feature for this Trust. A 721/UPREIT exit is a structure in which a DST's property is later contributed to a real estate investment trust's operating partnership in exchange for partnership units, converting a direct property interest into a securities interest. Where that path is absent, an eventual sale of the property is the ordinary exit. The PPM controls, so confirm there before relying on either path.

The link between the trust entity and the building. The January 21, 2026 Form D describes no real estate; the connection to the San Angelo facility rests on Top1031's mapping plus January 2026 trade reporting that Apollo Real Estate Capital LLC bought Lone Star Storage Center from Texas Lone Star Storage Centers Ltd. No deed or other primary transfer record naming the Trust as owner was located, no closing date or purchase price has been published, and reported floor area disagrees: 69,525 net rentable square feet in REBusinessOnline's February 2, 2026 account versus 69,252 square feet in Inside Self-Storage's January 2026 digest.

The January 21, 2026 Form D is the only filing on record, and Top1031 classifies the Trust as open on that basis. A Form D is a notice that an offering exists, not confirmation that interests remain available today, and the figures in it are a snapshot as of that filing date — only the sponsor or a selling broker-dealer can confirm current availability. Top1031 is a data and media site; it does not sell or recommend interests in this or any offering.