805 Riverfront Apartments

Top1031 lists 805 Riverfront Apartments as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.

Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

One asset: 805 Riverfront, a 285-unit Class A apartment community at 805 Riverfront Street in West Sacramento's Bridge District, averaging 746 square feet per unit. Cottonwood Communities reported transferring the property into Cottonwood Riverfront DST on June 27, 2025 and owning 100% of the trust interests at that time, with its stake declining as interests are sold. Engineering News-Record described the building as a five-story mixed-use project directly across from Sutter Health Park.

Cottonwood Communities reported that the first offering of DST interests in this trust commenced in the third quarter of 2025, and its Form 10-Q for the quarter ended June 30, 2026 reported $27.4 million of DST Interests sold in the Cottonwood Riverfront DST offering. An offering summary published by Baker 1031 presents total capitalization of $117,502,000, of which $42,556,000 is debt. The Form D on file was submitted September 30, 2025 and has never been amended, so the exempt-offering record itself shows nothing newer. Confirm current availability and any closing date with the sponsor or your representative.

Individual residents pay the rent — this is a conventional apartment community, not a single-tenant net lease, so income turns over unit by unit and there is no corporate credit behind it. The leasing page advertises a 12-month minimum resident lease term. Cottonwood's Form 10-Q for the quarter ended June 30, 2026 reported 93.33% physical occupancy and net effective rent of $2,181, while the sponsor's properties page reported the building 92.2% occupied as of the same date; an earlier REIT quarterly report showed 85.7% occupancy as of September 30, 2024. Ask the sponsor for the most recent rent roll before relying on any of those figures.

Yes. Cottonwood reported that the property-level bridge loan was refinanced in connection with the June 27, 2025 transfer into the trust, reducing debt from $60.2 million to approximately $42.6 million, with the mortgage bearing interest at 5.08% on a seven-year term. The issuer's June 30, 2026 property table reported $42.556 million of mortgage debt outstanding. Because a DST generally cannot refinance or renegotiate its loan, read the maturity, prepayment terms, reserves and recourse carve-outs in the PPM — the trust's private placement memorandum — before relying on any of it.

Sacramento Business Journal reported on July 23, 2025 that Cottonwood paid $108.4 million for the 285-unit property; The Registry reported the same $108.4 million figure that day, about $380,000 per unit. The issuer's own property table as of June 30, 2026 lists a September 2023 purchase date and a $104.646 million purchase-price/investment figure. The two source descriptions differ, so ask the sponsor which figure represents the trust's tax basis and what the difference reflects.

The Form D indicates a Rule 506(b) private placement — the exemption that bars general advertising and, in practice, limits sales to accredited investors already known to the sponsor or its selling group. The filing reports a $25,000 minimum investment, and Orchard Securities serves as dealer manager. The Form D also names CC Exchange TRS, Inc. as sponsor, CC Riverfront Depositor, LLC as depositor, and CC Riverfront Manager, LLC as trust manager. Because 506(b) offerings are not publicly marketed, access typically runs through a registered representative or the sponsor directly.