NexPoint Small Bay Industrial Portfolio III DST
Investment Details
Investment Sponsor: NexPoint
Location: Florida, Texas
Current Yield: 4.62%
721 Exchange: Optional
Property Type: Industrial
In-Place Loan: 44.87% LTV
Distribution Frequency: Monthly
Estimated Hold Period: 7-10 Years
Investment Description
NexPoint Small Bay III DST features a portfolio of two small bay properties in Richardson, Texas and Deerfield Beach, Florida. NexPoint believes that small bay properties have an advantage over traditional warehouses or industrial facilities, which generally have a concentrated tenant base with long-term leases. Small bay properties tend to be in more densely populated infill areas and benefit from higher barriers to entry and replacement costs, and tenant leases of small bay properties are generally for a shorter term, which allows rents to adjust more quickly to market and new demand conditions.
Investment Highlights
NexPoint Small Bay III DST features a portfolio of two small bay properties in Richardson, Texas, and Deerfield Beach, Florida.
NexPoint believes that small bay properties have an advantage over traditional warehouses or industrial facilities, which generally have a concentrated tenant base with long-term leases.
Small bay properties tend to be in more densely populated infill areas and benefit from higher barriers to entry and replacement costs, and tenant leases of small bay properties are generally for a shorter term, which allows rents to adjust more quickly to market and new demand conditions.
Contributing the assets at a $6.3mm discount of appraised value - Those new appraisals show an 8.1% gain in value for the properties. This is now an embedded gain in the DST for investors on Day 1.
Dallas, TX Property (Arapahoe): 90% occupancy at $12.5/sqft (407,000 sqft).
Deerfield Beach, FL Property: 95% occupancy at $17/sqft (97,000 sqft).
208 total tenants across the portfolio.
Cost Segregation Analysis Complete
Investment Documents
Investment Sponsor
NexPoint is a leading alternative investment platform, delivering a diverse range of innovative financial solutions. With a robust foundation in real estate, healthcare, and alternative investment sectors, NexPoint specializes in creating tailored investment opportunities designed to meet evolving market demands. Known for their strategic vision and dedication to excellence, NexPoint offers expertly managed Delaware Statutory Trusts (DSTs) and other products to help investors achieve long-term financial goals.
Sponsor Historical Performance
3 Realized 1031 DST Investments
1.65x Equity Multiple
16.83% Average Annual Return
4.3 Year Average Holding Period
100% Investment Success Rate
