# NexPoint Waterford DST

> Waterford Place is a multifamily garden-style apartment development located at 101 Shore Lake Drive, Greensboro, North Carolina 27455.

Source: https://baker1031.com/invest/nexpoint-waterford-dst


## Key terms

| Term | Value |
|---|---|
| Status | Open |
| Property type | Multifamily |
| Sponsor | NexPoint |
| Location | North Carolina |
| Minimum investment | $100,000 |
| Year-1 projected distribution | 4.51% |
| Average projected distribution | 6.04% |
| Projected hold | 5–10 yrs |
| Offering size | $61,060,817 |
| Equity raise | $31,360,817 |
| Debt | $29,700,000 |
| Loan-to-value | 48.6% |
| 721 exit | Optional |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 4.51% |
| Year 2 | 4.87% |
| Year 3 | 5.24% |
| Year 4 | 5.52% |
| Year 5 | 5.66% |
| Year 6 | 6.18% |
| Year 7 | 6.57% |
| Year 8 | 6.99% |
| Year 9 | 7.20% |
| Year 10 | 7.64% |

## Overview

Waterford Place is a multifamily garden-style apartment development located at 101 Shore Lake Drive, Greensboro, North Carolina 27455. Developed in 1997, the Property consists of 20.64 acres of land upon which 20 residential buildings are situated, housing a total of approximately 277,296 rentable square feet across 240 apartment units. The Property includes amenities such as a clubhouse building with fitness center, business center, and package room, maintenance building, mailbox building, swimming pool, car wash station, playground, tennis court, and dog park. As of March 9, 2026, the Property was 90.0% leased.

The Offering is designed for Accredited Investors seeking to participate in a Section 1031 Exchange as well as those seeking a quality, multiple-owner real estate investment. The Sponsor is pleased to present the opportunity to invest in the Property. The Sponsor believes that the Property presents an attractive long-term investment opportunity due to, in part, competitive positioning in the Greensboro MSA and North Greensboro area with proximity to North Elm Village and Battleground Avenue, an affordable rental profile, and robust amenity package. The Sponsor believes the property will see strong operational performance due to lack of comparable competition, new barriers to entry in the county, and rapid population and employment growth in the county. Furthermore, the execution of strategic market upgrades, asset management, and other operational initiatives will provide an opportunity to enhance the Property’s value.

## Offering documents

Available to registered investors:

- NexPoint - NexPoint Waterford DST - PPM (PDF)
- PPM (PDF)

Information reflects my offering records as of October 28, 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/nexpoint-waterford-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