CX Mode at Hyattsville, DST
1031 Exchange/DST
The property is a 396-unit midrise asset with modern amenities in Hyattsville, MD, part of the Washington, D.C. MSA. The property is located 1/2 mile from a metro station providing access to major area employers and downtown Washington, D.C.
Renters are drawn to the Washington, D.C. MSA due to access to high-paying jobs.* One-third of renter households in the Washington, D.C. MSA earn $100,000 or more** but still lack homeownership affordability. Amenities include controlled access buildings, resort-style swimming pool, proximity to a well-performing, desirable shopping mall. The FBI’s new headquarters will bring 7,500 jobs to the area which is a 9-minute direct rail commute from the Hyattsville station.
*CoStar Group Inc. Underwriting Report: 3300 East West Hwy, Hyattsville, Maryland. Generated 12 Sep 2022. P 162.
**U.S. Census Bureau. “Table B25074: Household Income by Gross Rent as a Percentage of Household Income In the Past 12 Months.” 2021 American Community Survey 1-Year Estimate Subject Tables. 2022, p. 1, https://data.census.gov/.
There are risks associated with participating in the offering. An investment in the Trust is speculative and illiquid, and involves significant risks, including the possibility of losing all invested capital. This material does not constitute an offer to buy or sell any securities and is authorized for use only when accompanied by the Confidential Private Placement Memorandum of CX Mode at Hyattsville, DST (the “Memorandum”). Reference is made to the Memorandum for a statement of risks and terms of the CX Mode at Hyattsville, DST offering and qualifications and assumptions regarding forward-looking information. The information set forth herein is qualified in its entirety by the Memorandum. No person will be permitted to invest without acknowledging that they received the memorandum and completed their review including, but not limited to, the risk factors contained therein. Securities are being offered through Orchard Securities, LLC, member FINRA/SIPC. Orchard Securities and Carter Exchange are not affiliated.
Company
Carter Exchange
Location
Hyattsville, MD
Overview
Located in Hyattsville, MD, Mode at Hyattsville consists of 396 apartment homes with studio, 1-, and 2-bedroom floorplans and provides convenient access to federal employers and Washington, D.C.
Contact your financial advisor for more information about this offering.