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Offering Summary

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Madison Waterstar Orlando DST

The offering involves a $106,751,437 equity raise for Madison Waterstar Orlando DST, securing a 320-unit 2023-built multifamily asset in Kissimmee, FL. Year 1 projected distribution is 4.5%, with a full-term projected average of 4.77%.

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 4.50%Term avg. 4.77%

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

The property

320-Unit 2023 Multifamily Asset in Kissimmee

$94,930,000 acquisition price

Madison Waterstar Orlando DST

Multifamily housing investment opportunity

The Madison Waterstar multifamily community is a brand-new property that was built in 2023.

Kissimmee, FL 34747

Kissimmee, FL 34747

320 unitsMultifamily housing investment opportunity

$94,930,000

100.0% of portfolio

Seller
Property manager
Madison Capital Group
Sponsor

Madison Capital Group

Asset Type

Multifamily housing investment opportunity

Location

Kissimmee, FL 34747

Units

320

Property Age

The Madison Waterstar multifamily community is a brand-new property that was built in 2023.

Offering Price

$106,751,437

Offering Debt

Offering Equity

$106,751,437

Offering LTV

Income % (Yr. 1)

4.5%

Avg. Income (Full Term)

4.77%

Minimum Cash Investment

Minimum 1031 Investment

Strengths

  • 320-unit institutional-scale multifamily property
  • Brand new 2023 vintage construction

Concerns

  • Initial Year 1 cash flow yield starts at 4.5%