Moody Village One DST reached full cycle on October 19, 2022, with the sale of The Village at Bellaire in Houston. Moody National lists the program as completed on its published track record.
The offering as filed and the disposition on record | |
|---|---|
Trust | Moody Village One DST |
Sponsor | Moody National |
Property | The Village at Bellaire, Houston, Texas |
Asset class | Residential |
Exemption | 506(b) |
Offering ceiling | $51,860,000 |
Minimum investment | $25,000 |
First Form D filed | August 15, 2018 (filing) |
Exit type | Property sold |
Sale date | October 19, 2022 |
Hold period from those dates | 4.2 years |
Sale price | $124,000,000, as reported by the sponsor in AltsWire's account of the announcement |
No total return, annualized return or equity multiple for the Trust appears in the public record, and neither do the distribution terms the offering documents originally set out. The price and the two dates are the extent of it. A gross sale price does not show what unit holders received after debt service, fees and the terms of the trust agreement.
For Moody National, The Village at Bellaire is the second program on Top1031's full-cycle record.