DST Offering Detail

Inland Flats at Wheaton Station DST

DST Offering Highlights

Inland Flats at Wheaton Station is an urban multi-family property located just 14 miles north of greater Washington, D.C. This property showcases its incredible walk score to nearby attractions, close proximity to the Wheaton Monorail station and features upgraded apartments and extensive community amenities. High-demand residence space, rent increases and high levels of occupancy are benefits outlined in the investment strategy. The Washington, DC area boasts a solid median income of over $96,000 and proves to be an established economy driven by the federal government.
Property Status: Closed Offering
Property Type: Multi-Family
Property State:  District of Columbia
Property City:  Washington
Properties: N/A
Units:  243
Offering Size: $73,930,105
Equity Offering:  $39,280,105
Loan-to-Value: 46.87%
Loan Terms:  10-yr Fixed, 7-yr Interest Only at 3.22%
Cash Flow: Call to Confirm

About Inland Private Capital

Established in 1968, Inland Private Capital Corporation (IPC) is the industry leader in offering replacement properties for Section 1031 exchange transactions, as well as quality, multiple-owner real estate investment solutions. Inland offers a variety of private placement real estate investment solutions to accredited investors as an alternative to traditional stocks and bonds.

Benefits of a Delaware Statutory Trust

Delaware Statutory Trusts are a popular 1031 Exchange replacement property option that allows for fractional ownership of high-quality institutional properties acquired by and managed by large real estate firms, referred to as DST sponsors.  DSTs provide a unique and flexible solution to investment property owners who want to defer tax and continue to own investment property without the management requirements of directly owned property. Below are some of the benefits of investing in DST real estate.

  • Tax Savings: DSTs allow for the deferral of federal capital gains tax, state capital gains tax, net investment income tax, and depreciation recapture tax. The tax savings can be significant, especially in states where the potential tax liability can be as high as 42%.
  • Monthly Income Potential: DSTs are structured with an emphasis on cash flow for investors and typically include high-quality institutional property.
  • Eliminate Active Property Management: Ownership of a DST is entirely management free.
  • Eliminate Tax for Estate Beneficiaries: DSTs allow for a “step-up in basis” upon the passing of an owner (elimination of Capital Gains, Depreciation Recapture, and Net Investment Income Tax).
  • Low-Cost Non-Recourse Debt Matching: Most investors have debt that must be matched in their exchange, therefor many DSTs are structured with debt in place.
  • Low Risk of a Failed 1031 Exchange: Extensive DST property due diligence is prepared in advance and DST closings can occur quickly – in a matter of days.

DST Risks

DSTs offer many benefits however they are not suitable for everyone and come with risks. Therefore, DSTs are only available to accredited investors. Before deciding to invest in DST real estate, carefully consider the following considerations: Lack of liquidity, timing of exit, lack of control, and interest rates can affect financing, leasing, and appreciation. Additionally, loan modifications may not always be possible, cash flow is not guaranteed, and projected appreciation may not occur. There are also management costs and fees associated with owning DSTs which are disclosed in the prospectus.