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NexPoint Oasis DST

Available  •  NexPoint

NexPoint Oasis DST

Investment Overview

NexPoint Oasis DST is a $46 million equity opportunity located in the Orlando MSA. The property held within the offering, Oasis at Shingle Creek, is a multifamily garden-style apartment development located in Kissimmee, FL. NexPoint believes this Offering presents an attractive long-term investment opportunity, driven by strong population growth, stable and rising household incomes, and proximity to world-renowned retail and entertainment destinations.

Investment Highlights

  • High home prices and interest rates are keeping renters in place, fueling demand for multifamily housing. National occupancy rates remain strong, with absorption reaching 188,000 units in Q2 2025, one of the highest post-pandemic quarters.
  • The Orlando MSA continues to show resilience and strategic growth, anchored by its thriving tourism sector and expanding healthcare and life sciences presence. The region benefits from strong business confidence and steady job creation. Its proximity to major institutions and infrastructure investments supports long-term economic stability. Overall, the Orlando MSA remains a dynamic and opportunity-rich market with momentum across key sectors.
  • Oasis at Shingle Creek, the property held by the Trust (the “Property”), is a Class A garden-style multifamily community located in Kissimmee, FL, within the Orlando MSA. Developed by The Altman Companies, 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 unit interiors with quartz countertops and stainless-steel appliances. As of the most recent reporting, rents are positioned $150+ below comparable assets.
  • The business plan 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 a 40% annualized ROI (as noted in the PPM). Supplemental Trust Reserve funding supports ongoing enhancements to maintain the Property’s top-of-market position throughout the investment period.
  • Based in Dallas, Texas, NexPoint is a multibillion-dollar integrated alternative asset manager. NexPoint has extensive real estate experience, having completed $15.5 billion in gross real estate acquisitions and currently managing $4.9 billion of multifamily assets as of June 30, 2025, inclusive of affiliates. NexPoint deep roots in multifamily have served as the foundation for its DST/1031 Exchange business and enabled the firm to meet the rising investor demand for tax-advantaged real estate offerings.

Quick Facts

Sponsor

NexPoint

Status

Available

Property Type

Multifamily

Location

FL

Estimated Hold Period

7-10 Years

In-Place Loan

53% LTV

721 Exchange Exit

Optional

Current Yield

4.36%

Average Yield

4.92%

Current Tax-Adjusted Yield

8.2%

Cap Rate Equivalent⁵

7.38%

Contact

Smiling man in glasses and navy blazer standing in a blurred indoor office setting

Gerald F. "Jerry" Baker, III

Founder, Managing Principal

D 415.579.1660

M 415.278.8503

E jerry@baker1031.com

Income Forecast

4.36%

Year 1

4.42%

Year 2

4.45%

Year 3

4.57%

Year 4

4.77%

Year 5

4.79%

Year 6

5.01%

Year 7

5.14%

Year 8

5.69%

Year 9

5.95%

Year 10

Property images depicted may not be pictures of properties in any current offering and may be representative.

Investment opportunities presented herein are subject to immediate change and may be withdrawn without prior notice. Availability is fluid and often fluctuates rapidly; an offering may close before updated notification is provided. Investors are strictly advised to contact their authorized representative to confirm the current status of any investment prior to committing funds.

The information provided above is for summary purposes only and may be incomplete, outdated, or contain technical inaccuracies. This summary is qualified in its entirety by, and should be read in conjunction with, the relevant Private Placement Memorandum (PPM) and all associated supplements. Prospective investors must rely solely on the PPM and formal offering documents when evaluating the merits and risks of an investment.

⁴Sponsor's Cost Segregation analysis is currently incomplete; therefore, to estimate depreciation benefits, it is assumed the investor is in a 40% combined marginal tax bracket with no current depreciation basis in the property outside of this investment. Average income shielding for this DST is estimated at 45% based on standard IRS straight-line depreciation recovery periods for commercial real estate (39 years), as detailed in this Commercial Real Estate Depreciation Guide. Please refer to the Private Placement Memorandum (PPM) for specifics regarding a cost segregation; notably, even if the Trust does not perform a property-wide study, an individual investor may have the right to commission a private cost segregation study for their specific fractional interest to potentially unlock accelerated or "bonus" depreciation through a change in accounting method.

⁵The "Net-Adjusted Equivalency Cap Rate" is a comparative metric designed to normalize the returns of an all-inclusive Delaware Statutory Trust (DST) against a direct-ownership Net Lease (NNN) property. This metric is calculated by "reversing" a target cash-on-cash return to reconstruct a required Net Operating Income (NOI), adding back debt service and amortizing estimated acquisition, financing, and disposition "friction" costs over a 10-year holding period. This calculation is provided for educational and illustrative purposes only and is not a guarantee of future performance or an offer to sell securities. Limitations include the reliance on generalized market assumptions; individual property performance, actual interest rates, and specific transaction costs will vary. This should not be used as the primary basis for any investment decision. Estimates are derived from the following industry benchmarks: Acquisition Costs (2.5% - NAR Commercial), Loan Fees (1.0% - CREFC Guidelines), Sale Costs (6.0% - Altus Group), and Debt Assumptions (6.5% Interest/30-Yr Amort. - Select Commercial).