# Starboard Makley DST

> 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…

Source: https://baker1031.com/invest/starboard-makley-dst


## Key terms

| Term | Value |
|---|---|
| Status | Closed |
| Property type | Multifamily |
| Sponsor | Starboard |
| Location | Ohio |
| Minimum investment | $25,000 |
| Year-1 projected distribution | 4.52% |
| Average projected distribution | 4.93% |
| Projected hold | 10 yrs |
| Offering size | $44,994,000 |
| Equity raise | $21,310,000 |
| Debt | $23,684,000 |
| Loan-to-value | 52.6% |
| 721 exit | Optional |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 4.52% |
| Year 2 | 4.61% |
| Year 3 | 4.67% |
| Year 4 | 4.50% |
| Year 5 | 4.57% |
| Year 6 | 4.77% |
| Year 7 | 5.08% |
| Year 8 | 5.30% |
| Year 9 | 5.53% |
| Year 10 | 5.77% |

## 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.

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/starboard-makley-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