Madison Ridge
Multifamily property in Indian Land, SC — sponsored by Madison Capital Group
Files with the SEC as Madison Ridge DST
Minimum investment
$50k
Offering size
$77.7M
How much has sold
31.0%
Asset type
Multifamily property
Location
Indian Land, SC
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Madison Ridge combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
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These links support the historical public record; 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?
- Reported location
- Indian Land, SC
- Property size
- 240 units (92 one-bedroom, 120 two-bedroom, 28 three-bedroom)
How did it end?
No sale or other ending on record
Still operating as of mid-2026; the $77.7 million raise was fully subscribed on August 18, 2025 for the 240-unit Class A Madison Ridge multifamily at 3506 Buster Lane, Indian Land, SC per AltsWire/Madison Capital Markets, with the property still actively listed for rent on livemadisonridge.com and a stated 7-10 year hold period per Stax Capital.
Madison Ridge is a 240-unit, 3-story, Class A garden-style multifamily property completed in Q4 2023 at 3506 Buster Lane, Indian Land, SC (Lancaster County, Charlotte MSA). The Madison Ridge DST launched in March 2024 seeking nearly $77.7 million with a $25,000 minimum investment. It was fully subscribed by August 18, 2025. Sponsor: Madison Capital Markets (affiliate of Madison Capital Group Holdings). Amenities include saltwater pool, fitness center, outdoor grilling pavilion, community lounge, and walking paths.
240 units (92 one-bedroom, 120 two-bedroom, 28 three-bedroom)Supporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Madison Capital Group
- Legal Trust name
- Madison Ridge DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 12 total offerings from Madison Capital Group
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- First Form D filedThe public offering record begins.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 2
- 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
What happened to Madison Ridge?
Top1031 lists Madison Ridge as historical. It is no longer raising money.
Where does Top1031 get the data for Madison Ridge?
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.
Chapter 8Madison Capital Markets Completes Raise for DST Offering on Newly Built Charlotte-Area Apartment Community Madison RidgeYield PRO reports the Madison Ridge DST is fully subscribed, citing the 2023-built 240-unit luxury apartment community near Ballantyne and Fort Mill in Indian Land, SC. Madison Fully Subscribes $77.7 Million DST Offering in CharlotteAltsWire reports Madison Capital Markets fully subscribed the Madison Ridge DST, a ~$77.7M, 240-unit luxury apartment community in the Greater Charlotte metro at 3506 Buster Lane in Indian Land, S.C. Madison 1031 Exchange Launches Madison Ridge DST, a Debt-Free OfferingMadison 1031 Exchange, LLC, an affiliate of Madison Capital Group, launched Madison Ridge DST — a Regulation D, Rule 506(c) debt-free offering of a 2023-built Class A 240-unit multifamily community in the Charlotte Metropolitan Area, targeting approximately $77 million.