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Offering Summary

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NexPoint Oasis DST

Preview Report

NexPoint Oasis DST offers beneficial interests in a 356-unit multifamily community in Kissimmee, Florida. The equity raise of $46,331,389 complements $52,350,000 in term debt.

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 4.36%Term avg. 5.03%

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

The property

356-Unit 2018-Vintage Multifamily Community in Kissimmee, FL

$87,250,000 acquisition price

NexPoint Oasis DST

MULTIFAMILY

The Oasis at Shingle Creek property was developed in 2018, indicating a relatively new multifamily garden-style apartment community.

4350 Osceola Trail Road, Kissimmee, Florida 34746

4350 Osceola Trail Road, Kissimmee, Florida 34746

356 unitsMULTIFAMILY

$87,250,000

100.0% of portfolio

Seller
—
Property manager
NexPoint Real Estate Advisors IV, L.P.
Sponsor

NexPoint Real Estate Advisors IV, L.P.

Asset Type

MULTIFAMILY

Location

4350 Osceola Trail Road, Kissimmee, Florida 34746

Units

356

Property Age

The Oasis at Shingle Creek property was developed in 2018, indicating a relatively new multifamily garden-style apartment community.

Offering Price

$98,681,389

Offering Debt

$52,350,000

Offering Equity

$46,331,389

Offering LTV

53.1%

Income % (Yr. 1)

4.36%

Avg. Income (Full Term)

5.03%

Minimum Cash Investment

—

Minimum 1031 Investment

—

Strengths

  • 356-unit institutional multifamily asset built in 2018.
  • Moderate 53.1% offering LTV structure.

Concerns

  • Total offering price reflects a 9.4% markup over appraised property value.