Reliant/Midgard Self Storage DST I

Overview

Reliant/Midgard Self Storage DST I is a single-property, all-cash Delaware statutory trust holding one self-storage facility. No debt encumbers the Property, and no replacement debt is attributable to a Purchaser's Section 1031 exchange.

Midgard Self Storage, 1411 Lindsay Lane S., Athens, Alabama 35613. Five one-story steel and masonry buildings on 9.55 acres, 60,510 net rentable square feet across 459 storage units, built 2021, 25 parking spaces, fire-sprinklered, zoned B-2 General Business District. Occupancy approximately 90.7% at 18 May 2026. Units let on month-to-month storage leases, so there is no weighted-average lease term and no tenant credit to underwrite - the income is consumer demand, re-priced monthly.

The Sponsor is Reliant Real Estate Management, LLC, founded 2010 by Lewis Pollack and Todd Allen, headquartered in Roswell, Georgia and specializing in self-storage in secondary and tertiary markets. Reliant is the management company; Midgard Self Storage is the operating brand. As of 31 December 2025 the Sponsor reported over $1.6 billion of assets under management across 107 properties in 10 states, 9,458,820 rentable square feet and 68,813 units.

The Trust master-leased the Property to Reliant/Midgard Self Storage MT I, LLC, a sponsor affiliate capitalized only with a $160,000 non-interest-bearing demand note from the Sponsor and its leasehold interest. Reliant is also the Property Manager, at 6.00% of effective gross revenue. Signatory Trustee is Reliant/Midgard Self Storage ST I, LLC; Delaware Trustee is Sorensen Entity Services LLC. Maximum offering $8,145,740 for 100% of the Class 1 interests; a 1% interest is $81,457.40. Offering runs to the earlier of full subscription or 15 December 2027, extendable six months.

Key highlights

• A 459-unit, 60,510 net rentable square foot self-storage facility built in 2021 at Athens, Alabama, operating under the Midgard Self Storage brand and 90.7% occupied as at 18 May 2026.
• $8,145,740 equity offering, debt-free, $50,000 minimum purchase.
• A four-year-old, fire-sprinklered steel and masonry facility requiring no repositioning program, master-leased to a Sponsor affiliate and managed by a specialist self-storage operator; spaces let month to month, so there is no lease term.
• Projected distributions of 4.50% in year one and 4.89% average across the ten-year forecast; these are the Sponsor's projections and are not guaranteed.
• Ten-year projected hold ending in a sale at the Signatory Trustee's discretion; there is no Section 721 exchange and no exchange right of any kind.

Financials

Projected distributions

Year 1

4.50%

Year 2

4.52%

Year 3

4.55%

Year 4

4.72%

Year 5

4.85%

Year 6

4.97%

Year 7

5.07%

Year 8

5.16%

Year 9

5.24%

Year 10

5.31%

Projections from the sponsor’s offering documents. Distributions are not guaranteed and may be lower than shown or suspended. See the PPM for assumptions.

Property address

1411 Lindsay Lane S., Athens, Alabama 35613

Documents

• Reliant Midgard Self Storage DST I - PPM (Compiled) 6.19.2026
• Reliant Midgard Self Storage DST I - Brochure
• Reliant Midgard Self Storage DST I - Fact Sheet