IREX V Diversified Portfolio DST — Diversified
Home  /  Offerings  /  IREX V Diversified Portfolio DST
Delaware Statutory Trust (DST) · Diversified

IREX V Diversified Portfolio DST

Sponsored by Invesco · Core · Updated 6/27/2026
Available506(c)Debt-Free2 Yr Hold721 Exchange Mandatory

The Elizabeth on Seventh (Charlotte, NC) & Gateway One (West Columbia, SC) — image provided by sponsor.

$97.6M
Total Offering
$250K
Minimum Investment
Debt-Free
In-Place LTV
2 Yr
Estimated Hold
The Offering

IREX V Diversified Portfolio DST is a $97.6 million all-cash, zero-debt Delaware Statutory Trust from Invesco Real Estate, part of Invesco Real Estate Income Trust (INREIT). The trust owns two stabilized, income-producing assets: The Elizabeth on Seventh, a mixed-use office and retail building in Charlotte, North Carolina (about 95% leased), and Gateway One, an industrial facility in West Columbia, South Carolina. The debt-free structure projects a 4.50% first-year distribution rising to 5.15% (4.82% average), with a $250,000 minimum and a Section 721 exchange option into INREIT.

) and tied to Invesco Real Estate Income Trust (INREIT). 3% leased across 19 tenants), and Gateway One, an industrial facility in West Columbia, South Carolina.

82% average), a $250,000 minimum, and a Section 721 exchange option into INREIT.

Return Profile
4.50%
Year 1 Distribution
4.82%
Average Yield
11.34%
Tax-Adjusted Yield
7.09%
Cap Rate Equivalent
Projected Annual Distribution by Year (%)
4.50
4.50
Sold
Sold
Sold
Sold
Sold
Sold
Sold
Sold
Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10
Projected, pre-tax cash-on-cash distributions; "Sold" reflects the modeled disposition within the hold. Distributions are not guaranteed. Tax-adjusted yield (where shown) assumes a 40% effective rate for non-1031 cash investors; the cap-rate equivalent is an estimate. All figures are qualified by the private placement memorandum.
Financing
Debt-Free / All-Cash

The properties are held free and clear with no mortgage, eliminating refinancing, maturity, rate-cap, and lender-foreclosure risk and removing the equal-or-greater-debt replacement requirement for 1031 investors. The structural trade-off is the absence of positive leverage.

Investment Highlights
01

All-cash, zero-debt diversified DST - no refinancing or loan-maturity risk.

02

Two stabilized assets: a 95%-leased Charlotte office/retail building and a West Columbia, SC industrial facility.

03

4.50% first-year distribution rising to 5.15% (4.82% average).

04

Sponsored by Invesco Real Estate; Section 721 exchange option into Invesco Real Estate Income Trust (INREIT).

05

$250,000 minimum; institutional INREIT management.

Strengths & Considerations
Strengths

Debt-free structure removes leverage and refinancing risk; institutional Invesco/INREIT sponsorship and 721 optionality; diversification across property types and two Carolinas markets; stabilized, leased assets.

Considerations & Risks

Office/retail exposure carries tenant-rollover and sector risk; modest early yield; $250,000 minimum; all-cash structure means no positive leverage; INREIT-affiliated master tenant.

Educational opinion · read the PPM

The analysis below is Baker 1031's educational opinion — not investment, tax, or legal advice, a recommendation, or a guarantee, and it does not replace the offering's Private Placement Memorandum (PPM), which governs in all respects. Read the PPM and consult your own CPA and attorney before investing.

Baker 1031 Analysis
Our Take

A conservative, debt-free diversified DST emphasizing capital preservation and a clean INREIT 721 exit. Office/retail exposure is the main differentiator to weigh against the all-cash safety.

Educational opinion · read the PPM

The analysis below is Baker 1031's educational opinion — not investment, tax, or legal advice, a recommendation, or a guarantee, and it does not replace the offering's Private Placement Memorandum (PPM), which governs in all respects. Read the PPM and consult your own CPA and attorney before investing.

Sponsor
Offering Documents

Documents for this offering. Available to signed-in investors.

Disclosures

Securities offered through Aurora Securities, Inc. (CRD #46147 / SEC #8-51322), member FINRA / SIPC; Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This is not an offer to sell or a solicitation of an offer to buy any security; any offer is made solely by the confidential private placement memorandum (PPM), which qualifies all information herein in its entirety. Delaware Statutory Trust interests are speculative, illiquid securities offered under Rule 506(c) of Regulation D and sold only to investors whose accredited-investor status has been verified; offering documents and subscription materials are provided only after that verification. They involve substantial risk, including possible loss of the entire investment.

Distributions, yields, the cap-rate equivalent, DSCR, occupancy, and benchmark figures are sponsor estimates or projections, are not guaranteed, and may differ materially from actual results. Any tax-adjusted yield assumes a 40% effective rate for non-1031 cash investors and is not tax advice. No tax, legal, or investment advice is provided — consult your own CPA and attorney. Past performance does not guarantee future results.

IREX V Diversified Portfolio DST

Speak with your representative.