Top1031

MHC Affordable Housing DST IV

Manufactured housing communities in Vienna, OH · sponsored by MHC Capital

Active offeringLatest Form D filed May 7, 2026 (opens in a new tab)

MHC Affordable Housing DST IV is a DST sponsored by MHC Capital that owns a manufactured housing communities in Vienna, OH. Its latest Form D, filed May 7, 2026, lists a $60.1 million offering with a $100,000 minimum.

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$60,149,921
Equity offered, per the Form D
Sold so far
None reported as of May 7, 2026
Form D, May 7, 2026
Selling commissions
$5,413,492 · 8.9% 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.

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
May 7, 2026 · 1 filing

No sales reported in a Form D amendment yet. Latest notice May 7, 2026.

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MHC Affordable Housing DST IV image

MHC Affordable Housing DST IV · Vienna, OH · Photo: mhccapitalllc.com

Vienna, OH · no mappable address in the filings.

What does MHC Affordable Housing DST IV own?

The communities are Parkway Village, New Village Estates, Watson, Arbor Village and Gun River in Michigan; Rustic Pines, Four Seasons and Villager in Ohio; and Brady Hills in Pennsylvania. 2 MHC Capital reports a $90,020,000 price for the portfolio's sale out of predecessor trust MHC Affordable Housing DST III and, in April 2026, described a two-stage closing begun in March 2026 as not yet complete. 2

Property address
6 N Outer Dr, Vienna, OH
Property size
1,702 homesites across 9 communities

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

The Form D does not disclose leverage for this Trust. MHC Capital said a $44 million JPMorgan senior loan was ready to fund at the first stage of the closing, with equity-payoff bridge financing still being finalized in its April 2026 investor briefing; the reviewed record does not show that loan funded. 2

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$5,413,492 · 8.9% of offering
Finders’ fees
$500,004
Paid to officers, directors and promoters
$0 · 0.0% of offering
Form D Item 16
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
$100,000

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.

What does the SEC record show?

This offering may be generally advertised, but every buyer's accredited-investor status — meeting SEC income or net-worth thresholds — must be documented and verified rather than self-certified. A Form D is the notice an issuer files after launching a private placement, not an SEC approval, and no later amendment appeared in the SEC index reviewed through October 2, 2026.

Legal Trust name
MHC Affordable Housing DST IV
SEC CIK
2133537
First Form D
May 7, 2026
Latest Form D
May 7, 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$60,149,921
$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 MHC Affordable Housing DST IV an active offering?
MHC Affordable Housing DST IV is an Active offering: its latest Form D was filed May 7, 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 does this Trust actually own?
Per MHC Capital's published materials, nine manufactured-housing communities in Michigan, Ohio and Pennsylvania: Parkway Village, New Village Estates, Watson, Arbor Village and Gun River in Michigan; Rustic Pines, Four Seasons and Villager in Ohio; and Brady Hills in Pennsylvania. The sponsor ties that portfolio to DST IV, but the public record reviewed through October 2, 2026 does not confirm legal title following the transfer from the predecessor trust.
Why did the property come from another MHC trust?
MHC Capital describes the 2026 sale of the portfolio from MHC Affordable Housing DST III into DST IV as the exercise of a contractual call right built into the earlier offering — an exit mechanism for DST III investors rather than an arm's-length third-party sale. The sponsor reports a $90,020,000 transaction price. Because sponsor affiliates stand on both sides, pricing, valuation and fee terms are set out in the offering documents, rather than in the SEC filing.
Has the acquisition fully closed?
The public record reviewed does not establish that it has. MHC Capital describes a two-stage closing that began in March 2026, with a $44 million JPMorgan senior loan said to be ready to fund at the first stage, while its April 2026 investor briefing still described the equity-payoff bridge financing as being finalized.
Who is the tenant, and who runs the communities day to day?
That is unresolved for this Trust. No executed DST IV master lease and no confirmed master tenant were located in the public record reviewed through October 2, 2026. MHC Capital reported that MHC Affordable Housing ML, LLC was the master tenant operating the communities under the predecessor trust, through an absolute-net ground lease in which the tenant bears taxes, insurance and maintenance, but that arrangement was not established for DST IV. The lease documents and the offering documents are where those terms would be confirmed.
What has the sponsor disclosed about occupancy?
The only occupancy figure located is historical: MHC Capital reported 66.0% aggregate occupancy for the same 1,702-homesite predecessor portfolio as of November 1, 2021, during the predecessor trust's ownership period. That is expressly a past baseline, not a current DST IV figure. No post-transfer occupancy number appears in the reviewed record, so a current rent roll and the offering documents are where an investor would find today's lease-up.
How current is the filing record on this page?
It rests on a single Form D — the notice an issuer files with the SEC after launching an exempt offering — filed May 7, 2026, which reports a $100,000 minimum investment and claims the Rule 506(c) exemption, allowing general solicitation so long as each investor's accredited status is verified. No later amendment or additional SEC filing for the Trust was located as of October 2, 2026, so anything that happened after May 7, 2026 is unresolved in the public record.

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.