# Reliant full-cycle data
Source: https://baker1031.com/data/full-cycle/sponsors/reliant
Compiled: 2026-11-03. Source workbook: full_cycle_sponsor_summary_reviewed.xlsx; SHA-256: 57b6a4f1684fe8705993e9ddbe73bdadc275be6df22e56a12153298457264a8e. This date describes the compilation, not the currency of every underlying record.
## Data limitations and educational use
This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.
Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.
Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.
For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.
## Data coverage
| Measure | Value |
| --- | --- |
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |
Source basis: Investor (fees unspecified).
| Metric | Value |
| --- | --- |
| Offerings listed | 41 |
| Avg. annual return | 34.42% |
| Avg. hold (years) | 4.51 |
| Avg. equity multiple | 2.50x |
| Success Rate | 97.56% |
| Field | Value |
| --- | --- |
| Median annual return | 31.36% |
| Source-estimated results | 0 |
| Valuation-qualified outcomes | 0 |
| Outcomes inferred from return signs | 0 |
| Investment | Sponsor | Property type | Location | Start | End | Hold years | Annual return | Multiple | IRR | Outcome |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [East Storesmart of Conway SC](https://baker1031.com/data/full-cycle/investments/dd9b383396efd951.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 16.00% | 1.68x | 14.10% | Break-even or better |
| [Midgard Athens](https://baker1031.com/data/full-cycle/investments/78e97de0bb93b360.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-08 | 2024-07 | 7.92 | 34.99% | 3.77x | 23.90% | Break-even or better |
| [Midgard Boat and Self Storage](https://baker1031.com/data/full-cycle/investments/4aca8d59473cab1d.md) [40](#note-40) [46](#note-46) [47](#note-47) | Reliant | Self-storage | Unavailable | 2018-03 | 2024-04 | 6.08 | 23.67% | 2.44x | 12.20% | Break-even or better |
| [Midgard Bradenton Portfolio (2 prop)](https://baker1031.com/data/full-cycle/investments/3d97fb8fe53d102a.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2018-07 | 2021-11 | 3.33 | 38.10% | 2.27x | 29.00% | Break-even or better |
| [Midgard Chisholm Rd](https://baker1031.com/data/full-cycle/investments/bda549f7af75da2c.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-08 | 2024-07 | 7.92 | 36.76% | 3.91x | 24.20% | Break-even or better |
| [Midgard Cocoa](https://baker1031.com/data/full-cycle/investments/21b648348bdbd84f.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-01 | 2020-12 | 4.92 | 13.02% | 1.64x | 10.60% | Break-even or better |
| [Midgard Columbia](https://baker1031.com/data/full-cycle/investments/791759beb20ac529.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2018-12 | 2021-11 | 2.92 | 26.06% | 1.76x | 21.20% | Break-even or better |
| [Midgard Cox Blvd](https://baker1031.com/data/full-cycle/investments/043febbfa5db9f8c.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-08 | 2024-07 | 7.92 | 36.13% | 3.86x | 24.30% | Break-even or better |
| [Midgard Greenville 2 (Butler Rd)](https://baker1031.com/data/full-cycle/investments/027d63a97e369fc6.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2019-03 | 2024-04 | 5.08 | 12.79% | 1.65x | 10.70% | Break-even or better |
| [Midgard Greenwood](https://baker1031.com/data/full-cycle/investments/8f2d8546377ce329.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-12 | 2021-11 | 4.92 | 14.85% | 1.73x | 12.40% | Break-even or better |
| [Midgard Key West](https://baker1031.com/data/full-cycle/investments/944db625afdb6fe6.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2018-08 | 2021-11 | 3.25 | 34.46% | 2.12x | 26.50% | Break-even or better |
| [Midgard Lake Wylie](https://baker1031.com/data/full-cycle/investments/7c5b74029930b46c.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-09 | 2021-11 | 4.17 | 37.68% | 2.57x | 23.80% | Break-even or better |
| [Midgard Little River](https://baker1031.com/data/full-cycle/investments/3dda6619ecdad98f.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-09 | 2024-07 | 7.83 | 9.83% | 1.77x | 22.90% | Break-even or better |
| [Midgard Mall Drive](https://baker1031.com/data/full-cycle/investments/5a05ecd00f0c9083.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-08 | 2024-07 | 7.92 | 26.91% | 3.13x | 19.30% | Break-even or better |
| [Midgard Murfreesboro Cason](https://baker1031.com/data/full-cycle/investments/56454fbfd2a4f996.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2020-03 | 2021-11 | 1.67 | 51.60% | 1.86x | 57.80% | Break-even or better |
| [Midgard Murfreesboro Glenside](https://baker1031.com/data/full-cycle/investments/f2d955ca7b35b077.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2020-03 | 2021-11 | 1.67 | 42.60% | 1.71x | 49.60% | Break-even or better |
| [Midgard Murrells Inlet Two](https://baker1031.com/data/full-cycle/investments/3940820a3ee5e340.md) [8](#note-8) [42](#note-42) [46](#note-46) | Reliant | Self-storage | Unavailable | 2020-06 | 2020-06 | Unavailable | Unavailable | 4.30x | 191.00% | Break-even or better |
| [Midgard Naples 2](https://baker1031.com/data/full-cycle/investments/2410c1e6276cdfa1.md) [3](#note-3) [40](#note-40) [46](#note-46) [47](#note-47) | Reliant | Self-storage | Unavailable | 2017-03 | 2021-11 | 4.67 | 1.93% | 1.09x | 2.46% | Break-even or better |
| [Midgard Naples Vanderbilt](https://baker1031.com/data/full-cycle/investments/2a018cb959819afe.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-02 | 2018-04 | 2.17 | 133.38% | 3.89x | 87.60% | Break-even or better |
| [Midgard Newberry](https://baker1031.com/data/full-cycle/investments/b8ec3a6d7534dcf3.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2018-03 | 2021-11 | 3.67 | 100.36% | 4.68x | 50.80% | Break-even or better |
| [Midgard Pawleys Island](https://baker1031.com/data/full-cycle/investments/c8a1ff7d4f66cb16.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2019-01 | 2024-04 | 5.25 | 15.24% | 1.80x | 12.40% | Break-even or better |
| [Midgard Rock Hill](https://baker1031.com/data/full-cycle/investments/695db1071d736fd3.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-09 | 2021-11 | 4.17 | 14.64% | 1.61x | 14.20% | Break-even or better |
| [Midgard Roswell](https://baker1031.com/data/full-cycle/investments/c2f70604231b3437.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2018-04 | 2021-11 | 3.58 | 17.02% | 1.61x | 14.40% | Break-even or better |
| [Midgard Woodstock](https://baker1031.com/data/full-cycle/investments/b902802fbeb6d970.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-06 | 2021-11 | 4.42 | 64.30% | 3.84x | 36.40% | Break-even or better |
| [Storesmart Buford](https://baker1031.com/data/full-cycle/investments/fa57b013ff64a427.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 0.47% | 1.02x | 0.50% | Break-even or better |
| [Storesmart Durham](https://baker1031.com/data/full-cycle/investments/695083e3460a119d.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-06 | 2022-03 | 4.75 | 24.42% | 2.16x | 19.70% | Break-even or better |
| [Storesmart Englewood](https://baker1031.com/data/full-cycle/investments/9047373d27fff7e2.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 25.18% | 2.07x | 20.20% | Break-even or better |
| [Storesmart Fayetteville GA](https://baker1031.com/data/full-cycle/investments/4d92424c90a7d6ff.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-10 | 2020-03 | 4.42 | 23.32% | 2.03x | 19.90% | Break-even or better |
| [Storesmart Fayetteville GA](https://baker1031.com/data/full-cycle/investments/66ab9865d7bf0e62.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 34.59% | 2.47x | 27.10% | Break-even or better |
| [Storesmart Fayetteville GA](https://baker1031.com/data/full-cycle/investments/c26931b091cdea7d.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 50.59% | 3.15x | 34.00% | Break-even or better |
| [Storesmart Loganville](https://baker1031.com/data/full-cycle/investments/6353fb2b1df0d6a9.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-08 | 2020-03 | 2.58 | 2.71% | 1.07x | 2.60% | Break-even or better |
| [Storesmart Loganville](https://baker1031.com/data/full-cycle/investments/a52e834f04cc64f7.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-03 | 2020-03 | 3.00 | 21.33% | 1.64x | 17.60% | Break-even or better |
| [Storesmart McDonough](https://baker1031.com/data/full-cycle/investments/db9093d3aedcf9b1.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-12 | 2020-03 | 3.25 | 41.85% | 2.36x | 30.80% | Break-even or better |
| [Storesmart Riverdale](https://baker1031.com/data/full-cycle/investments/30bc20b1c7dbe877.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-01 | 2020-03 | 4.17 | 51.36% | 3.14x | 40.70% | Break-even or better |
| [Storesmart Rockledge](https://baker1031.com/data/full-cycle/investments/361f91338e4198bc.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-03 | 2020-12 | 5.75 | 37.57% | 3.16x | 25.30% | Break-even or better |
| [Storesmart South Wake (Raleigh)](https://baker1031.com/data/full-cycle/investments/d285cd8a069668b4.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-06 | 2022-03 | 4.75 | 49.05% | 3.33x | 31.40% | Break-even or better |
| [Storesmart Spring Lake](https://baker1031.com/data/full-cycle/investments/e39ec5c5f88ac99b.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2017-06 | 2022-03 | 4.75 | 80.84% | 4.84x | 41.10% | Break-even or better |
| [Storesmart Summerville](https://baker1031.com/data/full-cycle/investments/41b25c0313ac1d8d.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | -2.59% | 0.89x | -2.90% | Reported loss |
| [Storesmart Warner Robins](https://baker1031.com/data/full-cycle/investments/b235cd52bb7b1b34.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 47.29% | 3.01x | 32.60% | Break-even or better |
| [Storesmart Warner Robins Two](https://baker1031.com/data/full-cycle/investments/8b66e09b3c1bb580.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2015-12 | 2020-03 | 4.25 | 22.82% | 1.97x | 18.60% | Break-even or better |
| [Storesmart Watkinsville](https://baker1031.com/data/full-cycle/investments/e24abc2987e7f5e0.md) [40](#note-40) [46](#note-46) | Reliant | Self-storage | Unavailable | 2016-07 | 2020-03 | 3.67 | 31.36% | 2.15x | 25.20% | Break-even or better |
## Footnotes
### 3. Midgard Naples 2
Midgard Naples 2: the PPM reports a 1.09x deal multiple, but $8,461,740 of investor distributions divided by $4,788,100 of investor capital equals about 1.7672x. Multiple and derived annual-return averages omit the unresolved magnitude; success remains positive under both figures.
Treatment: Excluded from annual, multiple comparisons; listing retained
Source: Reliant - Reliant Midgard Self Storage DST I - PPM.pdf, PDF viewer pages 61, 62.
### 8. Midgard Murrells Inlet Two
Midgard Murrells Inlet Two: both dates are June 2020 at month precision. The reported 4.3x multiple remains included; a positive hold and simple annual-return estimate are unavailable.
Treatment: Source warning / existing missing input; offering retained
Source: Reliant - Reliant Midgard Self Storage DST I - PPM.pdf, PDF viewer pages 62.
### 35. Reliant: source basis and comparison samples
Source basis: Investor (fees unspecified). 41 investments are listed. Annual return: 39 available, 1 excluded; Hold period: 40 available; Equity multiple: 40 available, 1 excluded; Success Rate: 41 available. Missing values and the specific exclusions determine each metric’s sample. Qualifications: 41 histories have unconfirmed investor structures; inclusion does not establish 1031 eligibility.
### 40. Calculated simple annual return
Annual profit is calculated as (equity multiple − 1) / hold years where the source period supports those inputs. This is a descriptive simple annual return; it is not IRR or a compounded portfolio return. Individual calculation notes remain on each investment page.
### 42. Annual return unavailable
No supported comparable annual return is available for this record. An available hold period, multiple or qualified outcome may still enter its own sponsor comparison sample.
### 46. Investor structure unconfirmed
The source does not confirm the investor security structure. The property history remains in the broad screen; inclusion does not establish 1031 eligibility.
### 47. Source-input warning
The source flags inputs or the original measurement period. Consult the investment’s source and calculation notes before comparing the displayed result.
## Proprietary compilation and use
Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.
Methods: https://baker1031.com/data/full-cycle/methodology.md
Securities offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. Contact: hello@baker1031.com.