Houston Multifamily DST Investment Opportunity for 1031 Exchange and Direct Investors

Houston DST

The Houston MultiFamily 42 DST Investment 

One of the most popular neighborhoods within the Houston city limits is called Montrose. Montrose is a unique pocket of Houston culture: a colorful collection of eclectic hipness and creatively minded neighborhood that is littered with cool restaurants, cocktail bars, art galleries, vintage clothing stores, and quiet shade covered parks. It is also home to the Houston Multifamily 42 DST, one of the many Delaware Statutory Trust investments offered by Kay Properties & Investments. 

Montrose was ranked as the number one city in America by Onlinedegrees.com, and possesses a young spirit with the median age being just 35 years old and nearly 50 percent of the population identified as millennials. 

Since many millennials are delaying home ownership and are, instead, opting to continue renting, the Houston Multifamily 42 DST offers potential direct investors and 1031 exchange investors a unique opportunity to take part in this unique city’s continuing renaissance. 

Attributes and Demographics

In terms of location, Montrose is considered the most walkable neighborhood in Houston, and real estate investors like Cushman & Wakefield consider it one of the top 20 “coolest” neighborhoods in the United States. The Houston Multifamily 42 DST Investment is for a 50-unit Class A newly constructed multifamily building located within one of the most vibrant and historic neighborhoods in Houston. The property is currently 100% occupied and is available for both 1031 exchange and direct cash investors. 

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

Learn More About This Offering

View the property overview and access the Indication of Interest brochure.

Learn More

About Kay Properties and www.kpi1031.com

Kay Properties is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a DST secondary market.  Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over $21 Billion of DST 1031 investments.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed.

Nothing contained on this website constitutes tax, legal, insurance or investment advice, nor does it constitute a solicitation or an offer to buy or sell any security or other financial instrument. Securities offered through Growth Capital Services, member FINRASIPC, Office of Supervisory Jurisdiction located at 2093 Philadelphia Pike Suite 4196 Claymont, DE 19703.

NOTE: Past performance does not guarantee future results and DST investments may result in a complete loss of investor principal. This is an example of the experience of one of our clients and may not be representative of the experience of other clients. These clients were not compensated for their testimonials. Please speak with your attorney and CPA before considering an investment.

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