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Inland Student Housing Portfolio DST property photo

Inland Student Housing Portfolio DST

Sponsored by Inland
Minimum Investment$100,000
Total Offering$320,505,544
Available Equity$170,770,544 100.00% available
Equity$170,770,544
Debt$149,735,000
In-Place LTV46.72% LTV
Average Yield4.43%
Tax-Adjusted Yield7.08%
Cap Rate Equivalent8.24%
LocationIN, TX, VA
Estimated Hold Period10 years
721 Exchange ExitOptional
Total Load13.09%
StrategyCore
StatusAvailable

Overview

$320.506M DST portfolio of three student-housing communities serving Purdue, Baylor, and the University of Virginia, with approximately $170.771M of equity and $149.735M of financing.

Highlights

Three university-adjacent communities.

FUSE near Purdue University.

The View on 10th near Baylor University.

Charlottesville property at 852 West Main Street.

Indiana, Texas, and Virginia markets.

Analysis

Insights

Enrollment, leasing velocity, student demand, operating costs, and exit pricing matter.

Advantages

Three university markets, diversified student housing, fixed-rate financing, and demand drivers.

Concerns

Seasonality, university concentration, leverage, operating risk, and illiquidity.

Projected Distributions

Average Yield4.43%
Tax-Adjusted Yield7.08%
Cap Rate Equivalent8.24%
Y14.25%
Y24.25%
Y34.25%
Y44.25%
Y54.25%
Y64.29%
Y74.42%
Y84.58%
Y94.76%
Y104.97%

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

LenderWalker & Dunlop / Freddie Mac
Interest Rate5.12% fixed
Loan Term10 years
I/O Period10 years
AmortizationN/A
Y1 DSCRNot Disclosed

Benchmarks

Avg. Income
This deal4.43%
Market
Not Analyzed
Growth
This deal16.94%
Market
Not Analyzed
Peak
This deal4.97%
Market
Not Analyzed

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