ClosedMultifamily in Washington

Starboard Bradley DST

Sponsored by Starboard

Starboard Bradley DST is offering accredited investors the opportunity to acquire interests in a Delaware statutory trust that owns the multifamily, garden style, low rise apartment community known as “The Banks on Bradley.” Completed…

Starboard Bradley DST

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Offering terms

Minimum investment
$25,000
Yr 1 distribution
4.41%
Avg distribution
4.55%
Projected hold
10 yrs
Offering size
$41.9M
Equity raise
$22.6M
Loan-to-value
46.1%
721 exit
Optional

Projected distributions by year

Capital structure

Equity
$22,570,000
Debt
$19,298,000
Total
$41,868,000

Overview

Starboard Bradley DST is offering accredited investors the opportunity to acquire interests in a Delaware statutory trust that owns the multifamily, garden style, low rise apartment community known as “The Banks on Bradley.” Completed in 2024, this 144-unit Class A property is located in Richland, Washington, and features an array of amenities and high end improvements.

The Property is strategically located near Richland’s city center, directly across the street from the Columbia River, offering both urban convenience and scenic natural surroundings. Its immediate proximity to the river provides residents with easy access to outdoor recreation, including kayaking, paddleboarding, and riverside trails. Just north of the Property lies Howard Amon Park, a popular riverfront destination featuring walking paths, playgrounds, green space, and a public dock on the Columbia River. The park’s waterfront access further enhances the recreational appeal of the location, making it an ideal setting for active lifestyles. The Property is also situated near Kadlec Regional Medical Center, which is one of the region’s largest employers with over 4,200 employees. As a major healthcare hub, Kadlec provides access to healthcare as well as relatively stable medical employment opportunities. For families, the Property is conveniently located near Lewis and Clark Elementary School and Richland High School, both of which are highly rated public schools with GreatSchools ratings of 8/10 and 7/10, respectively. Access to quality education further enhances the Property’s appeal to long-term renters.

Projected distributions are the sponsor's estimates of annual cash flow on invested equity. They are not guaranteed, may change or stop, and may include a return of capital. LTV is the offering's debt divided by its total capitalization. Information reflects my offering records as of October 28, 2026 and may have changed. This page is not an offer to sell or a solicitation of an offer to buy any security; offers are made only through the offering documents to eligible investors.

Closed

Starboard Bradley DST

This investment is closed and is not available for investment.