On this page
Inland Private Capital sold View at Legacy Oaks, a 304-unit multifamily property in the East Raleigh and Knightdale area of North Carolina, on behalf of National Multifamily Portfolio III DST. The disposition date on the record is April 1, 2021. A sale price was not disclosed. Top1031 records the exit type as a partial sale.
Two performance figures accompany the sale.
Measure | Figure |
|---|---|
Total return | 147.36%, as reported by the sponsor in Blue Vault Partners' April 16, 2021 account of the announcement |
Annualized return | 13.97%, as reported by the sponsor in that same Blue Vault Partners account |
The Trust first filed its Form D under 506(b).
Original term | As filed |
|---|---|
Offering amount | $100,617,339 |
Minimum investment | $25,000 |
First Form D filing | December 29, 2017 |
That filing states no distribution terms, and no offering document setting them out is captured on this record. The record measures 3.3 years from the first Form D filing to the disposition date. That span runs from the filing, not from the date any investor bought in.
The Connecticut property sold in 2024; Maple Grove is not established
Two other properties sit on this record alongside the North Carolina asset: a property in Maple Grove, Minnesota, and a 99-unit community in Shelton, Connecticut. The Connecticut community was sold by an affiliate of Inland Private Capital in October 2024, in a transaction brokered by Institutional Property Advisors. The Trust is not named in that announcement, and no return figure for the sale appears on this record. The Maple Grove property's sale status is not confirmed by anything on the record.
No announcement placing this parent portfolio at full cycle was found.