East Bay 655 DST

Charleston, SC


Asset Class:Multifamily
Leverage:0% - All-Cash/Debt-free
Location(s):Charleston, SC
Minimum Investment:$25,000
Current Distribution:Monthly/Inquire
Offering Type:DST
1031 Exchange Qualified:Yes

Property Description

Built in 2019 to 2021 655 East Bay DST is a luxury-based multifamily community that is nested in a garden deep in the heart of Charleston. The property consists of seven detached, three-story buildings and offers a diverse mix of studio, one, and two bedrooms-units and three-bedroom townhomes. Offers impressive finishes and resort-style amenities.

Located in a premier location with walking access to fine dining, shopping, and recreation including Peninsula Grill, Queensborough shopping center, Hampton Park, and Carolina Yacht Club.

MSA Details

The Project is located in Charleston County, South Carolina. As shown in the following table, Charleston County, South Carolina experienced an annual population growth of 1.7% since 2010. It is projected for annual growth of 1.4% over the next five years. Charleston, South Carolina (city) had annual growth of 2.3%. The area possesses adequate services, cultural activities, educational and recreational facilities, and financial resources necessary for future growth. An overview of the local economy indicates that the area is economically in a phase of growth.

Property Highlights

  • A garden-style multifamily community with modern luxuries and amenities
  • Contains a diverse unit mix of studio, one and two-bedroom units, and 3 bedroom townhomes
  • One of Charleston’s most acclaimed addresses, exquisite Southern elegance in every detail, covered garage parking and private garages, intimate community lounge for greeting your guests
  • Premier location paired with luxury living, footsteps from Charleston’s finest culinary institutions
  • More information pending

Source: PPM, Google Maps

The market information provided above may not predict the future performance of the property.

*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.

Featured Properties

Property

Acquisition Fund 3 LLC

  • Acquisition Fund
  • Offering Size: $25,000,000
  • 9.25% Annualized*
Learn More

Property

Essential Net Lease 32 DST

  • MO, MI, IN
  • 0% - All-Cash/Debt-free
  • 1031 Exchange Qualified
Learn More

Property

San Antonio Multifamily 33 DST

  • San Antonio, TX
  • 0% - All-Cash/Debt-free
  • 1031 Exchange Qualified
Learn More

Property

Charleston Self Storage DST

  • Mt Pleasant, SC
  • 0% - All-Cash/Debt-free
  • 1031 Exchange Qualified
Learn More

Risks & Disclosures

All offerings shown are Regulation D Rule 506c offerings.

This material has been prepared for accredited investors (generally described as having a net worth of over $1 million dollars exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment.

The information herein has been prepared for educational purposes only and does not constitute an offer to purchase securitie or real estate investments. Such offers are only made through the sponsors Private Placement Memorandum (PPM) which is solely available to accredited investors and accredited entities.

IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax concepts, therefore you should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment.

This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your particular situation.

There are risks associated with investing in real estate and Delaware Statutory Trust (DST) properties including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies and illiquidity.

Investors should read the PPM carefully before investing paying special attention to the risk section.

Because investors situations and objectives vary this information is not intended to indicate suitability for any particular investor. Please speak with your CPA and Attorney to determine if an investment in real estate and DST properties is suitable for your particular situation/circumstances.

Past performance is not indicative of future returns.

Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated.

There are significant limitations on the ability to sell or transfer interests.

Expected cash flows and returns may not be realized and a loss of invested capital is possible.

The Sponsor, Co-Sponsor, Master Tenant, Trustee & Affiliates will all receive substantial fees relating to the syndication, ongoing management and disposition of this offering.

Securities offered through Growth Capital Services, Member FINRA and SIPC, Office of Supervisory Jurisdiction located at 582 Market Street, Suite 300, San Francisco, CA 94104.

There are important risks specific to each tenant and their respective leases, including expiration dates, early termination options, renewal options and economics relating to rents paid and expense reimbursements. Should a tenant fail to meet their obligations, terminate early or fail to renew their lease it could have a material negative impact on the financial performance of this property.