Vital Capital Medical Temple TX DST
TX
Property Type
Medical
Assumable Loan
53.81% LTV
721 Exchange Exit
Optional
Current Yield
7.32%
Minimum Investment
$50,000
Sponsor
HPA Exchange
Investment Description
The Vital Capital Medical - Temple TX DST is a $34,551,889 healthcare-focused investment centered on the Temple Rehabilitation Hospital, a 100% occupied, Class A medical facility in Temple, Texas. Constructed in 2018, this purpose-built, 36-bed inpatient hospital spans 38,817 square feet and is strategically positioned on the I-35 corridor between Austin and Waco. The property is leased on an absolute triple-net (NNN) basis to an affiliate of Lifepoint Health—one of the nation's largest rehabilitation operators—with approximately 7.5 years of lease term remaining. Sponsored by HPA Exchange, the offering targets a Year 1 yield of 7.32% and includes a full UPREIT option for long-term tax deferral.
Investment Highlights
- The investment features a single, 36-bed inpatient rehabilitation hospital built in 2018 that provides specialized treatment for stroke, brain injury, and neurological rehabilitation.
- The facility is 100% leased to Lifepoint Health, a leading national inpatient rehabilitation operator, under a NNN structure that places all maintenance and operational costs on the tenant.
- Located in the Temple Medical District along US Highway 190, the property serves the high-growth Killeen-Temple MSA, benefiting from a healthcare employment base and proximity to major regional hubs like Austin.
- The offering is structured with a 53.81% loan-to-value (LTV) ratio featuring a 7-year fixed-rate loan at 5.65%, supporting a projected Year 1 investor yield of 7.32%.
- Investors have access to a full UPREIT option, providing a potential pathway to exchange DST interests into a REIT for future liquidity and diversification.
Net Income Projection
Year 1
7.32%
Year 2
7.5%
Year 3
7.69%
Year 4
7.91%
Year 5
6.63%
Year 6
6.84%
Year 7
7.05%
Year 8
Year 9
Year 10
Average
7.28%
