# BR Churchill Downs, DST

> Churchill Downs (the “Property”) represents the opportunity to invest in a low-density, direct-entry townhome and garden-style apartment community located in the Pinehurst Metro in North Carolina.

Source: https://baker1031.com/invest/br-churchill-downs-dst


## Key terms

| Term | Value |
|---|---|
| Status | Under review |
| Property type | Multifamily |
| Sponsor | Bluerock |
| Location | North Carolina |
| Minimum investment | $100,000 |
| Year-1 projected distribution | 4.25% |
| Average projected distribution | 4.25% |
| Projected hold | 7–10 yrs |
| Offering size | $68,517,539 |
| Equity raise | $37,778,539 |
| Debt | $30,739,000 |
| Loan-to-value | 44.9% |
| 721 exit | None |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 4.25% |

## Overview

Churchill Downs (the “Property”) represents the opportunity to invest in a low-density, direct-entry townhome and garden-style apartment community located in the Pinehurst Metro in North Carolina. The Property is located approximately 90 miles to the Charlotte Metro and less than 70 miles to the Raleigh-Durham Metro. The Property is highly visible within the area, located adjacent to US Route 501, US Route 1, and State Route 27, and less than a five-minute drive to 60% of the market’s retail.

BR Churchill Downs, DST (the “Trust”) seeks to provide its Beneficial Owners with monthly cashflow and the potential for appreciation driven by economic and population growth as well as the opportunity to significantly grow rents through a targeted value-add / upgrade program (described below).

Information reflects my offering records as of November 1, 2026 and may have changed. Projected distributions are the sponsor's estimates, are not guaranteed, may change or stop, and may include a return of capital. To request the offering documents, contact hello@baker1031.com or visit https://baker1031.com/invest/br-churchill-downs-dst.

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Securities are offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This content is general education, not investment, tax, or legal advice, and is not an offer to buy or sell securities. Offers are made only through the offering documents to eligible investors, generally accredited investors. DST interests are illiquid, distributions are not guaranteed, and you can lose your entire investment.

Contact: Jerry Baker, Baker 1031 Investments · hello@baker1031.com · (415) 965-0552 · https://baker1031.com/contact