Madison Long Shoals
Legal trust name MCG Arden NC Multifamily DST
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.
Madison Long Shoals, held through the Delaware statutory trust MCG Arden NC Multifamily DST, is a Class A boutique multifamily community of 86 units and roughly 72,000 rentable square feet at 10 Calm Water Drive in Arden, North Carolina, within the Asheville submarket. Completed in 2024 and formerly named Venture at Long Shoals, the property stabilized within ten months. Sponsor Madison Capital Group launched the offering on February 23, 2026, targeting about $14 million of equity at roughly 48% loan-to-value, with minimums of $100,000 for exchange investors and $25,000 for cash investors, and affiliate Madison Communities as property manager.

~48% LTV; min $100k 1031/$25k cash; $14M equity; stabilized in 10 mo; PM: Madison Communities
86 units / ~72k SFBased on issuer-filed Form D notices through Mar 19, 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.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
The property
Madison Long Shoals — formerly Venture at Long Shoals — is a newly built Class A boutique community of 86 residential units totaling about 72,000 rentable square feet at 10 Calm Water Drive in Arden, North Carolina, part of the Asheville submarket 15. It was completed in 2024 and, per the sponsor, stabilized within ten months 1. The site sits near major Asheville-area employers including Mission Health, Ingles Market, and the Charles George VA Medical Center, roughly eight minutes from Asheville Regional Airport, with 2024 average household income near $114,000 within a one-mile radius 1. Trade press covered the North Carolina DST launch 2.
Offering structure
Madison Capital Group launched the MCG Arden NC Multifamily DST on February 23, 2026, describing an offering of approximately $14 million in equity at roughly 48% loan-to-value, with minimums of $100,000 for 1031-exchange investors and $25,000 for cash investors under Regulation D Rule 506(c) 13. An issuer Form D filed March 19, 2026 reported a total offering amount of $13,988,903 and $3,242,882 sold as of that filing date 4.
Sponsor and management
Affiliate Madison Communities serves as property manager; the sponsor reports its management portfolio spans 36 properties across six states totaling more than 7,400 units 1.
In the news
Frequently asked questions
Is Madison Long Shoals currently active?
Madison Long Shoals 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 Madison Long Shoals?
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.
