Offering size$11.3M
Asset typeMultifamily
LocationRuther Glen, VA
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedOct 8, 2025
Last filedDec 31, 2025
Minimum—
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.
Maple Grove, formally Velocis Maple Grove BTR DST, is a Delaware statutory trust holding a 66-unit, 55-and-older build-to-rent community at 7132 Maple Grove Way in Ruther Glen, Virginia. Built in 2023, the single-story property sits along the I-95 corridor about 35 minutes north of Richmond. Sponsored by Velocis, the trust acquired the community on August 25, 2025. Its homes are split between two- and three-bedroom one-story floor plans averaging roughly 1,500 square feet. Sponsor materials report equity of about $11.3 million alongside a $10.1 million Fannie Mae loan at 47.21% loan-to-value.
LTV 47.2%; min $100k 1031/$25k cash; Fannie Mae loan 5.13%, 10yr/7yr IO; delivered 2023; total offering $21.4M
66 unitsBased on issuer-filed Form D notices through Dec 31, 2025. 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.
Reported sold as a percentage of stated offering amount50.0%
Capital sold, per latest Form D$5,667,537
Remaining amount reported in latest Form D$5,643,097
Investor count reported in latest Form D18
Stated minimum investment—
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First filedOct 8, 2025
Latest filingDec 31, 2025
Filings tracked2
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
Property
Maple Grove is a 66-unit, 55-and-older build-to-rent community at 7132 Maple Grove Way in Ruther Glen, Virginia, built in 2023 and situated along the I-95 corridor about 35 minutes from Richmond and 25 minutes from Fredericksburg 1. The asset is located in Caroline County, though RealPage tracks it within the Hanover County and surrounding-area submarket 1.
Unit Mix
The community offers two single-story floor plans: "The Severn," a two-bedroom, two-bath home, and "The Severn II," a three-bedroom, two-bath home, each roughly 1,500 square feet with a two-car garage 1. Per the August 18, 2025 rent roll, the mix comprises 58 two-bedroom units (average leased rent $2,149) and 8 three-bedroom units (average leased rent $2,220), for a weighted average rent of $2,184, or $1.46 per square foot 1.
Capitalization and Debt
Sponsor materials report a total offering of $21,427,634, split between an equity offering of $11,310,634 and $10,117,000 in loan proceeds, for a 47.21% loan-to-value 1. The financing is a Fannie Mae loan carrying a 5.13% interest rate and a 10-year term with a 7-year interest-only period 1. An issuer-filed Form D/A dated December 31, 2025 reported the offering's equity amount of $11,310,634 2. Stated investment minimums are $100,000 for 1031 exchange investors and $25,000 for cash investors 1.
Sponsor and Trust
The trust is named Velocis Maple Grove BTR DST and is sponsored by Velocis 3. It acquired the Maple Grove property on August 25, 2025 1.
In the news
Frequently asked questions
Is Maple Grove currently active?
Maple Grove 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 Maple Grove?
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.