Four Springs (FSX) sold the property held by FSC AS Jonesboro AR DST on August 11, 2022. The offering had opened with its first Form D on November 2, 2015, a Delaware Statutory Trust (DST) carrying a $3.92 million ceiling and a $10,000 minimum investment. The dates set the hold at 6.8 years.
That Form D classified the asset as other real estate and did not name the property type.
The completion is documented in a track-record table carried inside the offering memorandum for a separate Four Springs fund, the FSX DST Inventory Financing Fund, rather than in any Jonesboro-specific disclosure. The table reports the result:
Reported result | Figure |
|---|---|
Sale price | $7,554,131, as reported by the sponsor in its FSX DST Inventory Financing Fund offering memorandum |
Total return | 143.89%, as reported by the sponsor in its FSX DST Inventory Financing Fund offering memorandum |
Annualized return | 6.27%, as reported by the sponsor in its FSX DST Inventory Financing Fund offering memorandum |
The record here carries no offering-document figure to set beside the sponsor's, and it does not break out how the reported result reached individual investors, at the minimum or above.