Farmhouse at Easley
Legal trust name HPI Farmhouse DST
Talk to a 1031 specialistData updated Jun 12, 2026
Offering size$28.8M
Asset typeMultifamily
LocationEasley, SC
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedMar 20, 2026
Last filedJun 12, 2026
Minimum$200k
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 Private Placement Memorandum before investing.
Farmhouse at Easley is a 224-unit Class A multifamily community in Easley, South Carolina (Pickens County), built in 2023. It is held through HPI Farmhouse DST, sponsored by Hamilton Point Investments, which markets the program as its tenth DST offering. Community amenities include a saltwater pool, fitness center, dog park, and clubhouse, and the property carries acquisition-basis leverage of roughly 45%. The asset previously sold for $40.35 million in 2024 during its early lease-up, a transaction CoStar named the Greenville/Spartanburg Sale of the Year, before Hamilton Point acquired it for this program.
LTV ~45%; yr1 cash flow ~4.35%; 95% occupied; built 2023; 10th HPI DST; fully subscribed at $28.8M (2026)
224 unitsBased on issuer-filed Form D notices through Jun 12, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount92.0%
Capital sold, per latest Form D$26,671,992
Remaining amount reported in latest Form D$2,176,606
Investor count reported in latest Form D82
Stated minimum investment$200,000
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First filedMar 20, 2026
Latest filingJun 12, 2026
Filings tracked8
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
The Property
Farmhouse at Easley is a 224-unit Class A multifamily community offering one-, two-, and three-bedroom homes in Easley, South Carolina, within Pickens County, completed in 2023. Amenities include a saltwater pool, fitness center, dog park, and clubhouse, and the community is held through HPI Farmhouse DST with acquisition-basis leverage of approximately 45% 1. Hamilton Point Investments' portfolio lists the asset alongside other South Carolina multifamily holdings, including Water's Edge in Spartanburg, The Springs in Boiling Springs, and Village at Mills Gap 2.
Acquisition History
The 224-unit community previously sold for $40.35 million, about $180,134 per unit, in 2024 while still in early lease-up at under 40% occupancy. Marketed by CBRE, the transaction was recognized by CoStar as the Greenville/Spartanburg Sale/Acquisition of the Year and reflects the developer-exit sale that HPI Farmhouse DST subsequently acquired 3.
Sponsor
Hamilton Point Investments markets HPI Farmhouse DST as its tenth DST offering and reports acquiring more than 35,000 apartment units since 2009 1. The offering carried a total offering amount of $28,848,598 in its June 12, 2026 issuer filing 4.
In the news
Frequently asked questions
Is Farmhouse at Easley currently active?
Farmhouse at Easley is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Farmhouse at Easley?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.