Colorado Springs Multifamily DST reached full cycle on April 1, 2024 with the sale of Estate at Woodmen Ridge Apartment Homes, the Colorado Springs apartment community the Trust held, announced by Inland Private Capital in its release on the sale.
Item | Detail |
|---|---|
Sponsor | Inland Private Capital |
Offering exemption | 506(b) |
Offering ceiling | $28,974,578 |
Minimum investment | $25,000 |
First Form D filing | |
Disposition | Property sold |
Equity multiple | 1.4x, as reported by the sponsor in its release on the sale |
Internal rate of return | 6%, as reported by the sponsor in its release on the sale |
The announcement did not state a sale price. The Form D that opened the Trust carries no distribution terms either; those sat in the private placement memorandum, which is not part of the public record.
Inland lists the program as completed on its published track record.