Full cycle

FSC Healthcare II DST Reached Full Cycle With a Property Sale on November 22, 2024

Four Springs (FSX) records the completion on its published track record; the Delaware Statutory Trust (DST) offering was filed in 2017 as Other Real Estate, not healthcare.

Published Updated

The property held by FSC Healthcare II DST was sold on November 22, 2024. Four Springs (FSX) lists the program among its completed offerings, and the sale price and the return figures for this Trust appear on that track record as published inside a June 2025 offering memorandum for a separate program, the FSX DST Inventory Financing Fund.

Item

Record

Offering amount as filed

$4,135,000

Minimum investment

$10,000

Exemption

506(b)

Asset class as filed

Other Real Estate

Exit type

Property sold

Sale price

$4,100,000, as reported by the sponsor in its June 2025 offering memorandum

Total return

140.85%, as reported by the sponsor in its June 2025 offering memorandum

Annualized return

5.61%, as reported by the sponsor in its June 2025 offering memorandum

Equity multiple

not stated

Two dated documents bracket the hold: the Trust's first Form D, filed October 3, 2017, and the November 22, 2024 sale. That span is 7.1 years. Top1031's inputs also carry a hold of 7.28 years for the program; this report uses 7.1 years, because it follows directly from the two dates on the record and can be checked against them.

No offering memorandum for FSC Healthcare II DST itself is among the documents in hand. The program's figures surface only inside a memorandum written for a different Four Springs (FSX) program, which means the distribution terms the Trust set for its investors in 2017, and the assumptions behind them, cannot be read from the record assembled here. The sponsor's own reported result is the only performance record available for this program.

This is the fifth.