CX Retreat at the Park, DST
1031 Exchange/DST
The Property is a garden-style multifamily complex with 249 units across 11 residential buildings and a leasing office. Built between 2015 and 2017, the Property is in like-new condition with modern amenities and finishes.
Unit amenities include new kitchens with modern walnut
cabinetry, faux-wood vinyl plank flooring throughout the living and dining areas and bathrooms; 9-foot ceilings, brushed nickel light fixtures, granite counter tops in kitchens and bathrooms . Property amenities include large resort-style clubhouse, fitness center, swimming pool, barbecue grills, and more.
Retreat at the Park is located on the expanding west side of the city. The one‐mile radius surrounding the Property outpaces the broader area across key market indicators and it features an
older, more affluent demographic, indicating a “rent by choice” population.
The Property is situated between the Research Triangle and Piedmont Triad, allowing it the ability to attract the positive attributes and economic growth from both regions. The Property offers residents an incredible location right off the I-40/I-85 corridor and the heavily trafficked University Drive, providing residents with a variety of nearby Class A retail, dining, and grocery options.
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 Retreat at the Park, DST (the “Memorandum”). Reference is made to the Memorandum for a statement of risks and terms of the CX Retreat at the Park, 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
Burlington, NC
Overview
Situated in Burlington, NC, Retreat at the Park is a garden-style 249-unit apartment community featuring convenient access to major employers and quality educational institutions.
This offering is closed to new subscriptions. Please contact your financial advisor for more information.