NexPoint Oasis DST
Available
Overview
NexPoint Oasis DST is a Class A garden style multifamily community located in Kissimmee, FL, within the Orlando MSA. Developed by the Altman Companies in 2018, the Property consists of 356 units across 15 three-story apartment buildings, with 34% of units featuring private entries and 136 units offering direct access garages. The community includes a resort-style pool with private cabanas overlooking an interior lake, a clubhouse with a movie theatre and game room, a 24/7 fitness center, and spa-inspired interiors with quartz countertops and stainless-steel appliances.
Key Investment Features
Structure
Delaware Statutory Trust (DST)
Investment Sponsor
NexPoint
Property Type(s)
Multifamily
Location(s)
FL
Occupancy
93.30%
721 Exchange / UPREIT
Optional
Minimum Investment
$100,000
Investment Strategy
Some Value Add
Year 1 Yield
4.36%
In-Place Loan
53.10% LTV
Avg. Remaining Lease Term
N/A
Cash Flow Forecast
Year 1
Year 2
Year 3
Year 4
4.36%
4.42%
4.45%
4.57%
Year 5
Year 6
Year 7
Year 8
4.77%
4.79%
5.01%
5.14%
Year 9
Year 10
5.69%
5.95%
Investment Highlights
Includes light-touch upgrades, such as replacing bedroom carpet with vinyl plank flooring in 100 units, projected to generate $50-$100 in monthly rent premiums and 40% annualized ROI
NexPoint Oasis DST is supported by strong population growth and housing demand, stable and rising household incomes, and proximity to world-renowned retail and entertainment destinations - all within one of the most visited and dynamic cities in the United States.
Advantages
NexPoint has a strong reputation in the industry with a top track record of performance.
NexPoint Oasis DST is supported by strong population growth and housing demand, stable and rising household incomes, and proximity to world-renowned retail and entertainment destinations - all within one of the most visited and dynamic cities in the United States.
Weaknesses
Rising tax and insurance burdens across Florida multifamily since 2022