The property held by NB Avalon, DST is on the record as sold. Nelson Brothers documents the exit in a full-cycle track record, and the disposition record dates the sale September 1, 2022.
That document is the only source for the figures below, and the row carrying them is labeled Red Mountain, DST rather than NB Avalon. Top1031 matched the row to this Trust and records the match at medium confidence. The exit date rests on the same match. No other source located reports a price or a return for this disposition.
Item | Figure |
|---|---|
Sale price | $12,250,000, as reported by the sponsor in a full-cycle track record |
Total return | 15.8%, as reported by the sponsor in that track record |
Annualized return | 2.6%, as reported by the sponsor in the same document |
Offering ceiling as filed | $3,552,505 |
Minimum investment | $50,000 |
The hold appears two ways. One field states it in whole years, at six; another, derived from the Trust's filing and exit dates, states 6.9 years. This report relies on 6.9 years, because that figure is tied to the two dates the record itself carries, and notes the whole-year field as the shorter of the two.
The Form D, filed October 2, 2015, places the offering in the "Other Real Estate" category. It carries no performance figures, and the private placement memorandum that would state the original distribution terms is not a public document. The sponsor's reported result stands here without an original figure to set beside it.