Ecco Park
Multifamily property in Canal Winchester, Ohio — sponsored by IDEAL Capital Group Holdings
Files with the SEC as IDEAL Ecco Park DST
Minimum investment
$25k
Offering size
$45.7M
How much has sold
None sold yet
Asset type
Multifamily property
Location
Canal Winchester, Ohio
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
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 — that owns Ecco Park, a 360-apartment community in Canal Winchester, Ohio, in the Columbus metropolitan area.2 Sponsor-side offering material reports the Trust acquired the property on March 24, 2026 from an unaffiliated seller.2 The Trust is raising equity from accredited investors.
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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These links support the public record as a whole; individual details may come from different 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?
Ecco Park is a 2023-built apartment community in the Columbus metropolitan area, and the Trust holds it in fee simple — outright ownership of land and buildings, not a leasehold.2 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 $83,800,000.2 The Business Journal reported the deal on May 7, 2026 as IDEAL's fourth Columbus-market apartment purchase.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. Income comes from residents on individual apartment leases that turn over continuously, and no master lease counterparty appears in the public materials reviewed. Sponsor-side offering material names Coastal Ridge Management as the community's professional operator.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 rather than the property being owned free and clear, so the lender's terms bind the Trust for the life of the loan. Sponsor-side offering material identifies the debt as a fixed-rate Freddie Mac loan with an interest-only period running through 2031.2
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, and named IDEAL Capital Group, not a trust, as the buyer.3 Sponsor-side offering material describes the deal as sponsored by an affiliate of IDEAL Capital Group Holdings, LLC.2 Day-to-day operations at the community sit with an unaffiliated third-party manager.2
- Sponsor
- IDEAL Capital Group Holdings
- Legal Trust name
- IDEAL Ecco Park DST
- 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?
One notice filing carries the entire public record here, and nothing has amended it. The exemption claimed permits public advertising of the Offering but requires each buyer's accredited status — income or net worth above SEC thresholds — to be verified rather than self-certified.
- Form D filedFirst and latest filing on record.
- 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?
Top1031 lists Ecco Park as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
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.
Who pays the rent to the Trust?
Residents do. Ecco Park is a 360-apartment community, so income arrives from many individual household leases rather than one corporate tenant, and no master lease counterparty appears in the public materials reviewed. A sponsor-side offering page reports that, on the March 19, 2026 rent roll, the community was 92.50% occupied and 94.44% leased at an average monthly rent of roughly $1,449 per unit, and names Coastal Ridge Management as the professional operator.
How is the property financed?
With investor equity plus mortgage debt. A sponsor-side offering page reports a $48.86 million Freddie Mac loan fixed at 5.17% for ten years and interest-only through 2031, at an in-place loan-to-value ratio of 51.68%. The Form D filed with the SEC states no debt terms, so the loan documents summarized in the PPM — the offering's full legal disclosure document — 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; the PPM controls.
What does the tax abatement mean here?
A sponsor-side offering page reports a 15-year, 100% property-tax abatement on the property. In practice that means property tax expense at the site is lower than at a comparable unabated building until the abatement lapses, after which the tax line changes. The abatement's start date, conditions and any transfer requirements are not settled in the public record; the PPM should set them out.
Is this Trust open to new investors?
One Form D was filed on April 1, 2026 and no amendment appears behind it, so the figures reported to the SEC on this page date from that filing rather than from today. Availability of remaining interests is confirmed only by the sponsor or the selling broker-dealer, and the PPM governs the terms of any subscription.
Could this Trust roll into a REIT at the end?
The data on record does not indicate a 721/UPREIT exit — the structure in which a DST's property is contributed to a REIT's operating partnership in exchange for units instead of being sold for cash. The rows on this page show no REIT conversion feature for this Trust, and the PPM governs any exit mechanics.
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.