CX Alexandria, DST
1031 Exchange/DST
A 258-unit, garden-style multifamily complex located in Madison, Alabama, part of the Huntsville MSA. The Property was built in 2021 and is situated on 16.54 acres. The unit mix includes 114 one-bedroom units, 126 two-bedroom units and 18 three-bedroom units. Community amenities include a car wash station, community room with full kitchen, co-working office spaces, conference room, coffee station, dog park and grooming spa, expansive outdoor
lounging areas, outdoor fire pit and game lawn, 24/7 high-tech package lockers, poolside outdoor kitchen and al fresco dining area, resort-style swimming pool with sun shelf, state-of-the-art crossfit-style fitness center, and more.
Known as “Rocket City” for its connection to U.S. space research, Huntsville is a growing epicenter of aerospace, technology, and military industries.* The MSA embraces a hip, up-and-coming central city, charming suburban towns, and prestigious research and military campuses. Its high-tech job growth, quality of life, and affordability make it an attractive place to live.
Over the last decade, the Huntsville MSA has consistently recruited more and more talented workers. When it comes to technology jobs, the Huntsville MSA ranks fourth in the nation for the most technology jobs per capita, at 7.0%.** The Huntsville MSA has the third highest percentage of workers in STEM careers at 15.7%,*** which means it is home to around 40,000 STEM professionals, including almost 4,000 aerospace engineers.****
*Associated Press. “Huntsville now Alabama’s largest city, overtakes Birmingham.” https://apnews.com/article/alabama-census-2020-birmingham-huntsville-f19d59a23bc78dd9034b995e92f00c1, 13 Aug. 2021, p. 1.
**Among all mid- and large-size metros, greater than 350,000 residents. Spanning. “Cities with the Most Technology Jobs Per Capita.” https://spanning.com/resources/industry-research/cities-with-most-technology-jobs-per-capita/, 11 Jan. 2021, p. 4.
***Suneson, Grant, and Charles Stockdale. “STEM jobs are on the rise. Here are 15 cities hiring the most high-tech workers.” https://www.usatoday.com/story/money/business/2019/03/25/stem-jobs-15-cities-hiring-most-high-tech-workers-us/39125247/, 25 Mar. 2019, p. 7.
****Hannum, Claire. “Why Huntsville Is the Best Place in America to Pursue a STEM Career.” Livability. https://livability.com/al/huntsville/education-careers-opportunity/why-huntsville-is-the-best-place-in-america-to-pursue-a-stem/, 13 Jun. 2018, p. 2.
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 Alexandria, DST (the “Memorandum”). Reference is made to the Memorandum for a statement of risks and terms of the CX Alexandria, 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
Madison, AL
Overview
Located in Madison, Alabama, The Alexandria consists of 258 apartment homes with 1-, 2-, and 3-bedroom floorplans and provides convenient access to major employers, quality educational institutions, a vibrant, historical downtown, and numerous outdoor activities.
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