A building at 8721 Dallas Acworth Highway in Dallas, Georgia sold on May 5, 2022. It was one of the five properties in AEI Net Lease Portfolio IV DST, a Delaware Statutory Trust (DST).
The price is on the record too: $2.68 million, as reported by the sponsor per the basis Top1031 carries for the figure, and stated as well in Redfin's property history for the address. Those two attributions differ. The disposition summary credits both the date and the price to the Redfin and Realtor public-record histories, while the basis field on the same figure reads as a sponsor announcement; this report follows the summary, because its attribution names the documents it rests on. No return figure accompanies the sale, and nothing on the record names the buyer.
What ties the address to the offering is the Trust's executive summary, posted by 1031 Gateway, which identifies 8721 Dallas Acworth Highway as one of the Trust's five properties.
The Trust's own filing carries the terms as offered.
Term | As filed |
|---|---|
First Form D | January 7, 2016 |
Exemption | 506(b) |
Offering amount | $19,495,000 |
Minimum investment | $50,000 |
Asset class stated | Commercial |
Depositor AEI Net Lease Portfolio IV, the depositor entity the Form D names and the party Top1031 carries as the Sponsor of record, has published no disposition report for the Trust that the public record surfaces: neither an announcement of the sale nor a statement of what investors received.
Top1031 measures 6.3 years between the Trust's first filing and the recorded sale of this building. That interval spans two dates on one property. It is not a completed hold for the Trust, which the record does not show reaching an exit, and for the four other properties the file is silent.