CX Ravella at Town Center, DST
1031 Exchange/DST
The Property is a 306-unit, garden-style multifamily complex located in Jacksonville, Florida, part of the Jacksonville MSA. It was built in 2018 and is situated on 5.57 acres. The unit mix includes 199 one-bedroom units, 96 two-bedroom units and 11 three-bedroom units. Community amenities include a community room with full kitchen, co-working office spaces, conference room, coffee station, dog park, expansive outdoor lounging areas, game lounge with
billiards, outdoor lounges with fire pit and grilling stations, outdoor putting green, ping pong, and corn hole games, athletic club with Peloton bikes, resort-style swimming pool and more.
Jacksonville has earned the title “Supernova City” by PWC and the Urban Land Institute, due to its above average level of economic diversity and white-collar employment, strong investor appeal, and favorable growth outlook.** The MSA is well-concentrated in diverse industries, notably in Professional and Business Services, Financial Activates, Trade, Transportation, and Utilities, and the Military.***
*Google Maps. “Ravella at Town Center, 4674 Town Center Pkwy, Jacksonville, FL 32246.” 14 Feb. 2022, pp. 1-3, https://www.google.com/maps/place/Ravella+at+Town+Center.
**PwC and the Urban Land Institute. “Emerging Trends in Real Estate 2022.” 2021, pp. 38 & 42, https://www.pwc.com/us/en/asset-management/real-estate/assets/pwc-emerging-trendsin-real-estate-2022.pdf.
***Axiometrics. “Market Performance Summary: Jacksonville, FL, Fourth Quarter 2021.” RealPage, Inc., 2021, p. 4.
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 Ravella at Town Center, DST (the “Memorandum”). Reference is made to the Memorandum for a statement of risks and terms of the CX Ravella at Town Center, 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
Jacksonville, FL
Overview
Situated in Jacksonville, FL, Ravella at Town Center is a garden-style 306-unit apartment community featuring convenient access to major employers, national retailers, quality educational institutions, and an affordable urban lifestyle.*
This offering is closed to new subscriptions. Please contact your financial advisor for more information.