Ecco Park
Multifamily property in Canal Winchester, Ohio — sponsored by IDEAL Capital Group Holdings
Built 2023, 3-story, 1-3BR from ~$1,195/mo; $45.7M equity Form D (506c) filed 2026-04; ZIP 43110
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What is this, in one paragraph?
IDEAL Ecco Park DST is a Delaware statutory trust — a structure that lets 1031 exchangers hold fractional interests in a single property — holding a fee-simple interest in Ecco Park, a garden-style apartment community in Canal Winchester, Ohio, in metro Columbus.2 Sponsor-side offering material reports the Trust acquired the property on March 24, 2026 from an unaffiliated seller for $83,000,000; residents lease the apartments individually.2
Minimum investment
$25k
Offering size
$45.7M
How much has sold
None sold yet
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
The three-story rental community was built in 2023. Sponsor-side offering material reports the Trust bought it on March 24, 2026 from an unaffiliated seller for $83,000,000, against a CBRE appraised value of $83,800,000, and describes a 15-year municipal tax abatement covering 100% of the improved building value through tax year 2039.2 The Business Journal reported the purchase as IDEAL's fourth Columbus-area apartment acquisition.3
- Property address
- 3461 Huddle Way, Canal Winchester, Ohio
- Property size
- 360 apartments; roughly 373,548 net rentable square feet
Who is the tenant, and what's the lease?
There is no single corporate tenant here: hundreds of households sign their own apartment leases, which turn over continually, so the Trust's income rests on many short-term leases rather than one long contract. Sponsor-side material reports the community was 92.50% occupied on the March 19, 2026 rent roll and is managed by Columbus-based Coastal Ridge Management.2
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
Raise history appears here once sales are filed — free account required.
How is it financed, and what does it pay?
This Trust is leveraged: investor equity sits alongside a first-mortgage loan, so the lender's terms bind the Trust for the life of the debt rather than the property being owned free and clear. Sponsor-side material describes fixed-rate debt on a ten-year term, interest-only in its early years before amortizing.2
Who's behind it?
IDEAL Capital Group Holdings is a Clovis, California real estate firm that has been assembling apartment holdings around Columbus, Ohio. The Business Journal reported on May 7, 2026 that Ecco Park was the firm's fourth Columbus-area apartment purchase, naming IDEAL Capital Group rather than a trust as the buyer.3 Day-to-day operations at the property are contracted to Coastal Ridge Management, described as a Columbus-based operator, rather than handled by the sponsor itself.2
- Sponsor
- IDEAL Capital Group Holdings
- May convert to a REIT
- No
- Offerings from this sponsor
- 1 active / 7 total offerings from IDEAL Capital Group Holdings
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
A single notice filing carries this Trust's entire public record, with no amendment on file. The exemption claimed lets the Offering be advertised publicly but requires each investor's accredited status to be verified rather than self-certified. A distributor's page listed the Offering as closed, with no equity available, on August 3, 2026 — a page status, not an SEC filing.2
- Form D filedFirst and latest filing on record.
- Legal Trust name
- IDEAL Ecco Park DST
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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.
Common questions
Is Ecco Park still raising money?
Availability unconfirmed. Active means a filing within the past 15 months; it does not by itself establish current subscription availability.
Where does Top1031 get the data for Ecco Park?
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.
Can I still invest in this Trust?
That has to be confirmed with the sponsor. The SEC record holds one Form D signed April 1, 2026 and no amendment since, and a Form D is only a notice of an exempt offering — not an SEC approval and not a running sales tally. Separately, a distributor's offering page dated August 3, 2026 lists the Trust's status as closed with no equity available, a status set by that firm rather than filed with the SEC. Because the two records point in different directions, the sponsor and the PPM (the offering's full legal disclosure document) are where to settle it.
Who pays rent to the Trust?
Apartment residents do. Ecco Park is a rental community of 360 units, so income comes from individual residential leases that turn over throughout the year rather than from one corporate tenant on a long-term contract. Sponsor-side material names Coastal Ridge Management, a Columbus-based operator, as the day-to-day manager. Whether the Trust holds the property through a master-lease structure, and on what terms, is set out in the PPM and is not established by the SEC filing.
How is the property financed?
With investor equity plus mortgage debt. A sponsor-side offering page reports $48,855,000 of debt within total capitalization presented as $94,525,000, an in-place loan-to-value ratio of 51.68%, and a loan fixed at 5.17% maturing April 1, 2036, with interest-only payments for the first five years and amortization thereafter. Those are sponsor-stated terms; the Form D filed with the SEC states no debt terms, so the loan documents summarized in the PPM govern.
What did the Trust pay for Ecco Park?
A sponsor-side offering page reports an acquisition on March 24, 2026 from an unaffiliated seller for $83,000,000, against a CBRE appraised value of $83,800,000. No deed or other primary transaction record appears in the materials reviewed, so this remains a sponsor-reported figure and the PPM controls.
How full was the property when the Offering launched?
A sponsor-side offering page reports that, as of the March 19, 2026 rent roll, the community was 92.50% occupied and 94.44% leased at roughly $1,449 average monthly rent per unit. Those are sponsor-reported point-in-time figures rather than audited results, and apartment occupancy moves month to month as leases turn over. Current occupancy should be confirmed with the sponsor and against the rent roll summarized in the PPM.
What does the tax abatement mean here?
A sponsor-side offering page describes a 15-year municipal abatement covering 100% of the improved building value through tax year 2039. In practice, property tax expense at the site is lower than at a comparable unabated building until the abatement lapses, after which the tax line steps up. The abatement's exact scope, and any conditions tied to a transfer of ownership, should be confirmed in the PPM.
Chapter 9Clovis-based IDEAL Capital buys fourth Columbus-area apartment complexLocal CA business journal reports IDEAL Capital Group acquired Ecco Park, a 360-unit apartment complex in Canal Winchester, OH — the underlying property for the IDEAL Ecco Park DST.