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Offering Summary

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MCG Arden NC Multifamily DST

Preview Report

MCG Arden NC Multifamily DST is seeking $13,988,903 in equity for an 86-unit multifamily community constructed in 2024. The projected Year 1 income rate is 4.75%, matching the 4.75% full-term average income projection.

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 4.75%Term avg. 4.75%

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

The property

86-Unit 2024-Vintage Multifamily Community

— acquisition price

MCG Arden NC Multifamily DST

multifamily housing development

The property is a newly constructed boutique multifamily community completed in 2024.

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86 unitsmultifamily housing development

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100.0% of portfolio

Seller
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Property manager
Madison Long Shoals Manager, LLC
Sponsor

Madison Long Shoals Manager, LLC

Asset Type

Multifamily housing development

Location

—

Units

86

Property Age

The property is a newly constructed boutique multifamily community completed in 2024.

Offering Price

$13,988,903

Offering Debt

—

Offering Equity

$13,988,903

Offering LTV

—

Income % (Yr. 1)

4.75%

Avg. Income (Full Term)

4.75%

Minimum Cash Investment

—

Minimum 1031 Investment

—

Strengths

  • Newly constructed 2024 vintage 86-unit asset.
  • Projected 4.75% initial and full-term average return.

Concerns

  • Appraised value is not disclosed.