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Inland Long Island Residential DST property photo

Inland Long Island Residential DST

Sponsored by Inland
Minimum Investment$100,000
Total Offering$212,081,888
Available Equity$107,581,888 100.00% available
Equity$107,581,888
Debt$104,500,000
In-Place LTV49.28% LTV
Average Yield4.59%
Tax-Adjusted Yield7.25%
Cap Rate Equivalent8.37%
LocationNY
Estimated Hold Period10 years
721 Exchange ExitOptional
Total Load13.33%
StrategyCore
StatusAvailable

Overview

$212.082M DST investment in a 292-unit build-to-rent community at 20 Maple Lane, Farmingville, NY. The capitalization includes approximately $107.582M of equity and $104.5M of financing.

Highlights

292-unit build-to-rent community.

20 Maple Lane, Farmingville, New York.

Approximately $107.582M of equity.

Approximately $104.5M of financing.

Long Island residential exposure.

Analysis

Insights

Rent growth, taxes, insurance, debt service, leasing, and exit pricing drive results.

Advantages

Build-to-rent profile, Long Island location, moderate leverage, and professional management.

Concerns

Single-asset concentration, New York costs, leverage, rate risk, and illiquidity.

Projected Distributions

Average Yield4.59%
Tax-Adjusted Yield7.25%
Cap Rate Equivalent8.37%
Y14.35%
Y24.35%
Y34.35%
Y44.35%
Y54.36%
Y64.44%
Y74.46%
Y84.77%
Y95.07%
Y105.37%

Projected, not guaranteed. Distribution rates are the sponsor’s projections, are not a promise of performance, and can be reduced or suspended. ¹ Estimated Tax-Adjusted Yield reflects the projected impact of depreciation and amortization deductions at an assumed combined federal and state tax rate; individual tax outcomes vary — consult your CPA regarding your specific situation. Cap Rate Equivalent is a Baker 1031 Investments calculation intended to allow comparison with direct property ownership; it is not a sponsor-reported figure and does not represent a rate of return. See the private placement memorandum for the assumptions behind these figures.

Financing

LenderPNC
Interest Rate4.30% cap year 1 / 5.382% swap
Loan Term7 years + 3-year extension
I/O Period7 years
Amortization30 years
Y1 DSCRNot Disclosed

Benchmarks

Avg. Income
This deal4.59%
Market4.99%
Meets Average
Growth
This deal23.45%
Market25.67%
Meets Average
Peak
This deal5.37%
Market5.34%
Meets Average

Benchmarks compare this offering’s projected figures against sector medians computed across current offerings tracked by Baker 1031 Investments as of the last-updated date shown. Benchmark data is internal, unaudited, and subject to change.

Documents