Minimum investment
$100k
Offering size
$46.3M
How much has sold
81.0%
Asset type
Multifamily property
Location
Kissimmee, Florida
Financing
Leveraged. This offering reports mortgage debt on the property.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
The Oasis at Shingle Creek is a Class A garden-style apartment community in Kissimmee, Florida, inside the Orlando metropolitan area, held in a Delaware statutory trust — a passive co-ownership vehicle whose interests qualify as 1031 replacement property.1 NexPoint sponsors the Trust, which carries mortgage debt and is still raising equity from accredited investors — those meeting SEC income or net-worth tests — under Rule 506(c), which permits public advertising.
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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?
The Altman Companies developed the community; NexPoint reports it was developed in 2018.1 It sits in Osceola County, inside the Orlando-Kissimmee-Sanford metropolitan area NexPoint uses to market it.1 NexPoint's brochure reported 93.3% occupancy and 94.9% leased as of March 2025.2 Primary public records reviewed do not establish when the Trust acquired the property, or from whom.
- Property address
- 4350 Osceola Trail Road, Kissimmee, Florida
- Property size
- 356 units across 15 three-story buildings (Class A garden-style; 130 units with direct-access garages)
- Total funding
- $98,681,389Investor money plus any loan.
- Property acquisition cost
- $91,733,700
Who is the tenant, and what's the lease?
There is no single corporate tenant; residents rent apartments under individual leases, so income tracks occupancy and rents month to month. A secondary offering page reports the Trust master leased the property to an affiliated master tenant under an absolute-net master lease, with primary sources not establishing that tenant's legal name or the lease terms.3
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.
81.0% reported sold
- Amount sold
- $37,316,281
- Still available
- $9,015,108
- Investors reported
- 117
- Total offering
- $46,331,389
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How is it financed, and what does it pay?
Leveraged means the Trust carries mortgage debt behind investor equity, letting an exchanger replace both the cash and the debt from a property they sold. Interest-only payments leave principal untouched until maturity, when the balance must be repaid or refinanced. No lender is named in the Form D filings or the sponsor materials reviewed.
- Financing
- Leveraged. This offering reports mortgage debt on the property.
- Interest rate
- 4.85% fixed
- Loan term
- 120 months, interest-only for full term
- Leverage to investors
- 53.1%Leverage means borrowed money. This is the sponsor’s own figure.
- Reserves held by the lender
- $1,115,704
- Reserves the trust controls
- $1,500,000
Who's behind it?
NexPoint runs an ongoing DST program for 1031 exchangers and announced this offering on October 29, 2025.1 The August 17, 2026 Form D/A names NexPoint Real Estate Advisors IV, L.P. as sponsor, NexPoint Oasis Parent Manager, LLC as manager and signatory trustee — the party that decides when to sell — and NexPoint Oasis Investment Co, LLC as contributor.4 The sponsor markets the property by metropolitan area, Orlando, though the street address is in Kissimmee.
- Sponsor
- NexPoint
- Legal Trust name
- NexPoint Oasis DST
- Property manager
- BH Management
- May convert to a REIT
- No
- Offerings from this sponsor
- 6 active / 17 total offerings from NexPoint
Note from the sponsorNexPoint markets as Orlando, FL (Orlando MSA); property is physically in Kissimmee, FL 34746. Developed by The Altman Companies.
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The first Form D notice has been followed by a run of amendments that restate equity sold and investor count rather than change the offering's terms; the filings report a first sale on November 7, 2025.4 Rule 506(c) allows the offering to be advertised publicly, but each buyer's accredited status must be verified by the sponsor rather than self-certified.
- First Form D filedThe public offering record begins.
- Offering amount recordedA Form D amendment recorded offering and sales totals.
- Filing record updatedA later amendment updated the sponsor’s filing record.
- Latest Form D filedThe most recent sponsor-filed checkpoint in this record.
- Filings on record
- 15
- 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 The Oasis at Shingle Creek still raising money?
Top1031 lists The Oasis at Shingle Creek 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 The Oasis at Shingle Creek?
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.
Is this Trust still open to new investors?
Yes. NexPoint Oasis DST is still raising equity from accredited investors, and the Form D amendment dated August 17, 2026 is the most recent update to the offering record filed with the SEC. The amounts sold and still available as of that filing appear in the sales figures on this page.
What does the master lease mean for my distributions?
In this structure the Trust leases the entire property to a master tenant, which operates it and pays rent to the Trust. A secondary offering page reports that master tenant is a NexPoint affiliate holding an absolute-net master lease, meaning the tenant carries operating costs and holds the individual resident leases as subleases. Primary public records reviewed do not establish the master tenant's legal name or the lease terms. Investor cash flow depends on master lease rent, which in turn depends on resident collections and expenses; the PPM — the private placement memorandum, the governing offering document — sets the exact terms.
Why does the sponsor call this an Orlando property when the address is Kissimmee?
NexPoint markets the community by metropolitan area. The property sits at a Kissimmee address in Osceola County, which falls inside the Orlando-Kissimmee-Sanford metropolitan statistical area, as NexPoint's own offering materials describe. Both descriptions point to the same buildings at 4350 Osceola Trail Road.
Who actually manages the apartments?
BH Management, a third-party apartment operator, is identified as property manager for Oasis at Shingle Creek in NexPoint's offering materials and on BH's own property page. Investors in a DST hold passive beneficial interests and take no part in leasing, staffing, budgeting, or capital decisions at the property.
Can this Trust convert into a REIT later?
Nothing in the record indicates a 721/UPREIT exit — the structure in which a DST's property is contributed to a REIT in exchange for operating partnership units. The Trust is recorded as having no such conversion feature, so the expected endgame is a sale of the property. The August 17, 2026 Form D/A names NexPoint Oasis Parent Manager, LLC as manager and signatory trustee, the party that would decide when that sale happens.
Who can invest, and how large is the minimum?
The offering is limited to accredited investors — individuals meeting SEC income or net-worth tests — and is made under Rule 506(c), which requires the sponsor to verify that status rather than take an investor's word for it. The minimum investment reported in the Form D filings is $100,000, which may be funded with cash or through a 1031 exchange.
Chapter 9NexPoint Launches Multifamily DST Offering for Orlando Area PropertyWire-distributed sponsor press release announcing NexPoint Oasis DST (offering size $46,331,389) for the Oasis at Shingle Creek Class A garden-style multifamily community in Kissimmee/Orlando MSA.