Top1031

SpringHill Suites Phoenix West Avondale

Hotel in Avondale, AZ · sponsored by Peachtree Group

HistoricalLast Form D, filed Oct 20, 2025, reports the offering fully sold (opens in a new tab)

SpringHill Suites Phoenix West Avondale was a DST sponsored by Peachtree Group that owned a hotel in Avondale, AZ (128 keys). Its last Form D, filed Oct 20, 2025, reports the offering fully sold.

How it ended

No outcome recorded · under 7 years

The last Form D, filed Oct 20, 2025, reports the offering fully sold.

Peachtree Group has 2 active offerings on record →

Key facts

Minimum investment
$100,000
From the Form D
Offering size
$35,469,380
Equity offered, per the Form D
Sold
100%
Form D, Oct 20, 2025; the % is our arithmetic
Investors reported
114
Form D, Oct 20, 2025
Selling commissions
$2,128,163 · 6.0% of offering
Form D Item 15; the % is our arithmetic
Financing
All cash. This offering reports no mortgage debt.
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 →

Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.

Ask a 1031 specialist about this recordFree. About: SpringHill Suites Phoenix West Avondale. Top1031 is not a broker-dealer.
SpringHill Suites Phoenix West Avondale image 1 of 2

SpringHill Suites Phoenix West Avondale · Avondale, AZ · Photo: cdn.prod.website-files.com

What did the Trust own?

The hotel is new. Hotel Equities announced the grand opening of the newly constructed SpringHill Suites Phoenix West/Avondale on August 15, 2024, and named Virtua Avondale Hospitality, LLC as its owner at the time. 3 Later sponsor material for this Trust describes the hotel as owned and managed by Peachtree Group; the public record does not explain when or how that ownership changed. 4 Marriott lists it as an all-suite property. 1

Property address
9950 West Encanto Boulevard, Avondale, AZ
Property size
128 keys (suites)

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

Peachtree Group marketed this Trust as debt-free, meaning the property carries no mortgage. 2 For an investor that removes a lender from the picture entirely: no loan to refinance, no maturity date driving a sale, and no lender able to foreclose on the trust's asset.

Debt

Financing
All cash. This offering reports no mortgage debt.

Costs and terms from the Form D

Selling commissions
$2,128,163 · 6.0% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$2,562,391 · 7.2% of offering
Form D Item 16
· The filing’s note: “Estimate of certain fees and expenses, including Acquisition Fee, Managing Broker-Dealer Fee, Organization & Offering Expenses, Due Diligence Allowance and Depositor Bridge Capital Costs that may accrue to one or more related persons.”
Broker-dealers named in the Form D
24 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jun 30, 2025
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. The issuer marked these amounts as an estimate.

What does the SEC record show?

The trust filed its initial Form D — the short SEC notice that an exempt offering has begun — a week before the sponsor's public launch announcement, then amended it once to report the raise complete. It is offered under Rule 506(c), which allows public advertising but requires the sponsor to verify that every investor is accredited.

Legal Trust name
PG Phoenix West DST
SEC CIK
2075508
First Form D
Jul 1, 2025
Latest Form D
Oct 20, 2025
Filings on record
2
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 soldInvestors
Form D/A$35,469,380
$35,469,380+$35,469,380
114
EDGAR
Form D$35,469,380
$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

What happened to SpringHill Suites Phoenix West Avondale?
SpringHill Suites Phoenix West Avondale is a Historical offering. The last Form D, filed Oct 20, 2025, reports the offering fully sold.
What does "debt-free" mean for this DST?
Peachtree Group marketed the Trust as holding the hotel without mortgage debt. With no loan, there is no lender, no refinancing deadline, and no risk of foreclosure wiping out investor equity — but there is also no borrowed money amplifying results, and 1031 investors carrying debt on a relinquished property may not be able to replace that debt through an all-cash trust.
Who is the tenant?
There isn't one. This is an operating hotel, not a leased building, so revenue comes from guests booking rooms rather than a tenant paying rent. Hotel Equities ran the property at its August 2024 opening, and the sponsor's offering page states Peachtree Hospitality Management provides management for the Trust.
How new is the hotel?
Hotel Equities announced the grand opening of the SpringHill Suites Phoenix West/Avondale on August 15, 2024, roughly eleven months before Peachtree Group launched the DST on July 8, 2025. A hotel this new has a short operating history, which means less historical performance data than a stabilized property would offer.
Can this Trust convert into REIT shares later?
The record shows no 721/UPREIT feature — that is, no path for investors to exchange their trust interest for operating-partnership units in a REIT.

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.