Starboard Makley DST
Sponsored by Starboard
The Trust is offering accredited investors the opportunity to acquire interests in a Delaware statutory trust that owns the multifamily community known as “Makley Place.” Completed in 2022, this 140-unit, Class A property is located in…
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Offering terms
- Minimum investment
- $25,000
- Yr 1 distribution
- 4.52%
- Avg distribution
- 4.93%
- Projected hold
- 10 yrs
- Offering size
- $45M
- Equity raise
- $21.3M
- Loan-to-value
- 52.6%
- 721 exit
- Optional
Projected distributions by year
Capital structure
- Equity
- $21,310,000
- Debt
- $23,684,000
- Total
- $44,994,000
Overview
The Trust is offering accredited investors the opportunity to acquire interests in a Delaware statutory trust that owns the multifamily community known as “Makley Place.” Completed in 2022, this 140-unit, Class A property is located in Columbus, Ohio, and features an array of high-end amenities. The Property offers residents spacious contemporary living across a mix of studio, 1-, and 2- bedroom floor plans. Unit amenities include air conditioning, a balcony/patio, range/stove, refrigerator, dishwasher, garbage disposal, microwave, stainless steel appliances, granite countertops, walk-in closets, washer/dryer hookups, washer/dryer in-unit, attached garage parking, and open parking.
The Property is situated within the thriving Upper Arlington/Downtown submarket, one of Columbus’s most active and resilient areas. The Property benefits from direct proximity to The Ohio State University, the region’s largest employer with over 34,000 employees, and The Ohio State University Wexner Medical Center, a major healthcare provider currently developing a 1.9 million-square-foot hospital tower with 820 private rooms and 234 ICU beds. These institutions serve as powerful demand drivers, attracting both students and employees seeking nearby housing.
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.
