FG Communities at Candler Indian Creek
Manufactured housing community in Candler, NC · sponsored by FG Communities
Active offeringLatest Form D filed Apr 15, 2026 (opens in a new tab)
FG Communities at Candler Indian Creek is a DST sponsored by FG Communities that owns a manufactured housing community in Candler, NC. Its latest Form D, filed Apr 15, 2026, lists a $6 million offering with a $100,000 minimum.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $6,042,049Equity offered, per the Form D
- Sold so far
- None reported as of Apr 15, 2026Form D, Apr 15, 2026
- Selling commissions
- Form D Item 15; the % is our arithmetic$362,523 · 6.0% of offering
- Financing
- All cash. This offering reports no mortgage debt.How it is financed ↓
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →
Sales so far
- Latest Form D
- Apr 15, 2026 · 1 filing
No sales reported in a Form D amendment yet. Latest notice Apr 15, 2026.
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Ask a 1031 specialist about this recordFree. About: FG Communities at Candler Indian Creek. Top1031 is not a broker-dealer.No photo on record.
What does the Trust own?
Deeds index the property as Indian Creek Mobile Home Park, in Buncombe County's Upper Hominy Township west of Asheville; title passed from FG Communities Candler Indian Creek Holdings LLC to the Trust on June 3, 2026. 4 Skyway Capital Markets described it on August 28, 2026 as a 50-site community on 8.14 acres. 3 FG Communities' portfolio page lists 51 pads. 2
- Property address
- 12 Motley Road, Candler, NC
- Property size
- 82 homesites on ~12 acres
How is it financed, and what did it cost to sell?
Skyway Capital Markets said on August 28, 2026 that the Trust bought the community without a loan. 3 With no mortgage on the property, there is no lender's maturity date or prepayment penalty to work around if the Trust sells.
Debt
- Financing
- All cash. This offering reports no mortgage debt.
- May convert to a REIT (721)
Costs and terms from the Form D
- Selling commissions
- $362,523 · 6.0% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $0 · 0.0% of offeringForm D Item 16
- Broker-dealers named in the Form D
- 1 named in the Form D
Show the firms
- Skyway Capital Markets, LLC · CRD 124630
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Not in the Form D
- Minimum investment
- $100,000
Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together.
What are the deal terms?
From FG Communities’ offering documents (Apr 2026).
Rent and the bills
- Who pays rent to the trust?
- A master tenant affiliated with the sponsor
- Who pays for roof and structural repairs?
- Investors, through the trust
- Who pays if taxes or insurance go up?
- The tenant or master tenant
- Was the property bought from a sponsor affiliate?
- Yes
Your rights
- Can investors remove the manager?
- Only for cause
Who's behind the Trust?
FG Communities is a North Carolina company that buys and operates manufactured housing communities, and it sponsors this Trust. 3 It announced its 50th acquisition overall in Candler on June 9, 2025, and a fourth Candler community on January 5, 2026. Skyway Capital Markets, the dealer manager that distributed the offering to broker-dealers, described this on August 28, 2026 as the first DST offering on its 1031 exchange platform. 3
- Sponsor
- Offerings on record
What does the SEC record show?
- Legal Trust name
- FG Communities Candler Indian Creek DST
- SEC CIK
- 2127127
- First Form D
- Apr 15, 2026
- Latest Form D
- Apr 15, 2026
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Filing on SEC EDGAR |
|---|---|---|---|---|
| Form D | $6,042,049 | $0 | EDGAR |
Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Common questions
- Is FG Communities at Candler Indian Creek an active offering?
- FG Communities at Candler Indian Creek is an Active offering: its latest Form D was filed Apr 15, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
- Does FG Communities at Candler Indian Creek have a 721 UPREIT exit?
- The record lists a possible 721 exit for FG Communities at Candler Indian Creek. It is an option, not a completed transaction; the offering documents set whether and when it can happen. In a 721 exchange, or UPREIT, the DST’s property is contributed to a REIT’s operating partnership and investors receive operating-partnership units instead of cash.
- How a DST-to-721 UPREIT exit works
- What does the Trust own?
- A single manufactured housing community in Candler, North Carolina, roughly 10 miles west of downtown Asheville. FG Communities' portfolio page places the community at 12 Motley Road, and the Buncombe County deed index records a June 3, 2026 conveyance from FG Communities Candler Indian Creek Holdings LLC to FG Communities Candler Indian Creek DST, describing the site as Indian Creek Mobile Home Park in Upper Hominy Township.
- How big is the community?
- Skyway Capital Markets' August 28, 2026 announcement describes a 50-site manufactured housing community on 8.14 acres. FG Communities' own portfolio page lists 51 pads at the property. Both counts come from parties involved in the offering rather than from a county record.
- Who pays the rent at a manufactured housing community?
- The residents do, for the land under their homes. In this format the homeowner owns the house and leases the homesite from the community, so income comes from many short-term site leases instead of one corporate lease. Skyway Capital Markets reported the community 100% occupied with all homes tenant-owned at the time of the offering.
- Does the Trust carry mortgage debt?
- No. Skyway Capital Markets described the DST on August 28, 2026 as an all-cash offering with no leverage, meaning the community was bought without a loan and no lender holds a mortgage on it. A Form D reports the terms of a securities offering, not property-level financing, so the debt-free description comes from the dealer manager rather than from an SEC filing.
- Who is the sponsor, and who distributed the offering?
- FG Communities, Inc., a North Carolina real estate company that owns and operates manufactured housing communities, is the sponsor named by Skyway Capital Markets. Skyway Capital Markets served as dealer manager, the broker-dealer that distributes a DST offering through other broker-dealers and advisers, and described this as the inaugural DST offering on its 1031 exchange platform.
- Who was eligible to invest, and at what size?
- The offering was made under Rule 506(c), which permits general solicitation and advertising but requires the issuer to verify with documents, such as tax returns or a third-party letter, that every buyer is an accredited investor. The April 15, 2026 Form D stated a $100,000 minimum investment.
In the news
Sources
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DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.