Houston Multifamily 42 DST

Houston, TX


Asset Class:Multifamily
Leverage:38.40%
Location(s):Houston, TX
Minimum Investment:$50,000
Current Distribution:Monthly/Inquire
Offering Type:DST
1031 Exchange Qualified:Yes

Property Description

Houston Multifamily 42 DST is a class A, 50-unit new construction, multifamily community within Montrose, one of Houston’s most vibrant and historic neighborhoods. The offering benefits from top-of-the market amenities, strong demographics, an irreplaceable location that is considered the most walkable neighborhood in Houston, and access to a plethora of retail options. 0% to 100% leased in 6 months. In an income tax free state.

Within 3.5 miles from Rice University, University of St Thomas, The Toyota Center, George R. Brown Convention Center, and major employers including Chevron, Shell, and NASA.

MSA Details

Located near the warm waters of the Gulf of Mexico, Houston is the fourth most populous city in the nation, and with 655 total square miles of land, there is still room for potential growth. Nicknamed the “Space City”, Houston is a global city with a broad industrial base in energy, manufacturing, aeronautics, and transportation. That’s why it was named #1 fastest growing metros in America (Houston Business Journal) voted #2 best place to live in the world (Business Insider) and voted #10 best city for young entrepreneurs (Forbes). (IOI)

Property Highlights

  • Class A new construction (2020) multifamily
  • Located in Montrose which is considered to be Houston’s most walkable neighborhood
  • 100% occupied as of July 2021
  • Income tax-free state of Texas
  • Available for 1031 exchange and direct cash investments
  • Flow through of tax shelters for investors
  • Interior Amenities include quartz countertops, full-size washer, and dryer units, stainless steel appliances, stainless steel hardware, 8 ft doors, 42-inch soaking tubs, frameless showers, smart entry and thermostat, high-end interior finishes
  • Community amenities include pet-friendly, dog run, secured access control, garage parking, elevator
  • Located 3.5 miles from University of St Thomas, Rice University, Sam Houston State University, and many other schools
  • Largest employers include Chevron, Shell, NASA, ExxonMobil, H-E-B, Houston Methodist, and More
  • 3 Miles from The Toyota Center, George R. Brown Convention Center, Houston City Hall, Moonstruck Drive-In, Minute Maid Park, The Museum of Fine Arts, Houston Museum of Natural Science, and Children’s Museum of Houston

Source: Brochure

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.

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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.