Top1031

Ecco Park

Multifamily property in Canal Winchester, Ohio · sponsored by IDEAL Capital Group Holdings

Active offeringLatest Form D filed Apr 1, 2026 (opens in a new tab)

Ecco Park is a DST sponsored by IDEAL Capital Group Holdings that owns a multifamily property in Canal Winchester, Ohio. Its latest Form D, filed Apr 1, 2026, lists a $45.6 million offering with a $25,000 minimum.

Key facts

Minimum investment
$25,000
From the Form D
Offering size
$45,670,000
Equity offered, per the Form D
Sold so far
None reported as of Apr 1, 2026
Form D, Apr 1, 2026
Selling commissions
$2,740,200 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Sponsor buyout right
No
Offering documents, Mar 2026 · Deal terms ↓

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 1, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice Apr 1, 2026.

Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.

Ask a 1031 specialist about this recordFree. About: Ecco Park. Top1031 is not a broker-dealer.
Ecco Park image

Ecco Park · Canal Winchester, Ohio · Photo: images.squarespace-cdn.com

City-level mapCanal Winchester, Ohio metroMap shows the city, not the exact address.

What does Ecco Park own?

Offering information reports that the Trust acquired a beneficial fee-simple interest in Ecco Park from an unaffiliated seller on March 24, 2026. 2 The Business Journal reported on May 7, 2026 that the purchase was IDEAL Capital's fourth Columbus-area apartment investment. 4 The same offering page describes a 15-year City of Columbus property-tax abatement conditioned on income restrictions covering 72 units. 2 Published sources give conflicting completion years for the building, so none is stated here.

Property address
3461 Huddle Way, Canal Winchester, Ohio
Property size
360 apartments; roughly 373,548 net rentable square feet

How is it financed, and what did it cost to sell?

The Trust is leveraged: investor equity sits alongside mortgage debt, so a lender's terms bind the property rather than it being owned free and clear. Freddie Mac's mortgage-pool supplement identifies the property as collateral for a $48,855,000 mortgage originated by Walker & Dunlop, with a March 24, 2026 note date. 6

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.
May convert to a REIT (721)
See Deal terms ↓

Costs and terms from the Form D

Selling commissions
$2,740,200 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$4,463,186 · 9.7% of offering
Form D Item 16
· The filing’s note: “Estimate includes Marketing & Due Diligence Allowance, Wholesaling Allowance, Managing Broker-Dealer Fee, Closing Costs, Offering & Organization Expenses, Acquisition Fee & Structuring, Financing & Loan Fees that may be paid to one or more related persons”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Not in the Form D
Minimum investment
$25,000

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. The issuer marked these amounts as an estimate.

What are the deal terms?

From IDEAL Capital Group Holdings’ offering documents (Mar 2026).

Your exit

Can the sponsor's affiliate buy investors out?
No

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?
Investors, through the trust
Was the property bought from a sponsor affiliate?
No

Your rights

Can investors remove the manager?
Only for cause
How are disputes with the sponsor resolved?
Mandatory arbitration

What does the SEC record show?

The SEC record here is an initial notice of an exempt offering, with no amendment following it. The exemption claimed lets the Offering be advertised publicly but requires each investor's accredited status — an income or net-worth test — to be verified rather than self-certified. 3

Legal Trust name
IDEAL Ecco Park DST
SEC CIK
2126441
First Form D
Apr 1, 2026
Latest Form D
Apr 1, 2026
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$45,670,000
$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 Ecco Park an active offering?
Ecco Park is an Active offering: its latest Form D was filed Apr 1, 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.
What is the minimum investment?
The Form D filed April 1, 2026 reports a $25,000 minimum outside investment. Minimums are set by the Trust's governing documents and can differ by selling agent, so the offering documents and the sponsor control which figure applies to any particular subscription. Distributor pages sometimes list higher minimums for DST offerings than the figure in the SEC filing.
Who pays the rent, and how full is the property?
This is an apartment community, so there is no single credit tenant: rent comes from individual residents on leases that turn over throughout the year. The official Ecco Park leasing site identifies Coastal Ridge as the community manager. A Baker 1031 offering page reports that, on the March 19, 2026 rent roll, the property was 92.50% occupied and 94.44% leased, with average monthly rent of approximately $1,449 per unit. Those are point-in-time, sponsor-reported figures rather than audited results, and apartment occupancy moves month to month.
How is the property financed?
With investor equity plus mortgage debt. Freddie Mac's mortgage-pool supplement identifies Ecco Park at 3461 Huddle Way as collateral for a $48,855,000 mortgage originated by Walker & Dunlop, with a March 24, 2026 note date. Baker 1031's offering page describes that loan as fixed at 5.17%, interest-only for its first five years, with the first principal payment due May 1, 2031 and maturity on April 1, 2036, and states the debt equals 51.68% of a $94,525,000 total capitalization — a measure of the offering's capital stack, which combines the equity raise with the mortgage. The Form D states no debt terms, so the loan documents summarized in the offering documents govern what actually applies.
Is there a property tax break on this building?
Baker 1031's offering page describes a 15-year City of Columbus property-tax abatement conditioned on income restrictions affecting 72 of Ecco Park's 360 units. Abatements of this kind generally apply to the value of improvements rather than land, so the abatement documents summarized in the offering documents — not any SEC filing — set out what applies here.
Could this Trust convert into REIT shares?
Nothing in the record reviewed describes a 721 or UPREIT exit — the arrangement in which a DST's property is contributed to a REIT's operating partnership and investors receive partnership units instead of cash. The April 1, 2026 Form D does not address an exit route at all. Exit provisions, including any sponsor option to purchase or to roll the property into an affiliated REIT, live in the trust agreement and the offering documents.

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.