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Offering Summary

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AEI Healthcare Property VII DST

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The trust is offering $50,500,000 in equity units across three medical office assets with a Year 1 projected distribution rate of 5.00% and a full-term average of 5.38%.

Capital structure

Offering Equity$30.36M50.6% · $121,449 / unit
Offering Debt$29.64M

Offering price

$60.0M

Price / unit

$240,000

Units

250

Property age

12 yrs

Projected distribution rate

Avg 6.75%
Yr 1Term avg.
Yr 1 5.00%Term avg. 5.38%

Year-one distribution of 6.25% stepping to 7.20% by year seven.

The property

Three medical office properties across Arizona, Texas, and Connecticut

$45,299,110 acquisition price

AEI Healthcare Property VII DST

medical office

16575 West Waddell Road, Surprise, Arizona 85388

9817 N. Lake Creek Parkway, Austin, Texas 78717

1251 Farmington Avenue, Bristol, Connecticut 06010

16575 West Waddell Road, Surprise, Arizona 85388; 9817 N. Lake Creek Parkway, Austin, Texas 78717; 1251 Farmington Avenue, Bristol, Connecticut 06010

1,000 unitsmedical office

$45,299,110

100.0% of portfolio

Seller
—
Property manager
AEI Capital Corporation
Sponsor

AEI Capital Corporation

Asset Type

Medical office

Location

16575 West Waddell Road, Surprise, Arizona 85388; 9817 N. Lake Creek Parkway, Austin, Texas 78717; 1251 Farmington Avenue, Bristol, Connecticut 06010

Units

1,000

Property Age

—

Offering Price

$50,500,000

Offering Debt

—

Offering Equity

$50,500,000

Offering LTV

—

Income % (Yr. 1)

5%

Avg. Income (Full Term)

5.38%

Minimum Cash Investment

—

Minimum 1031 Investment

—

Strengths

  • Three-property medical office portfolio offers geographic diversification.
  • Targeted distribution begins at 5.00% with a 5.38% average over the holding period.

Concerns

  • Appraisal-to-offering ratio is 89.93%.
  • Property construction dates and ages are not disclosed.