Passco Indian Springs DST reached full cycle on June 1, 2017, with the sale of the residential property the trust held. Measured from its first Form D to that sale, the Delaware Statutory Trust (DST) ran 5.4 years.
Field | Detail |
|---|---|
First Form D | |
Structure | Residential DST, Rule 506(b) |
Maximum offering | $13,450,000 |
Minimum investment | $25,000 |
Reported sale price | $30,000,000, as reported by the sponsor in its published track record |
Annualized return | 12.8%, as reported by the sponsor in its published track record |
Both outcome figures rest on Passco Companies's own reporting rather than on a filing or a recorded transfer. No total return and no equity multiple for the program appear on the public record, and Top1031 does not compute one.
The Form D states the offering's size and terms and carries no performance figures; the private placement memorandum, where the distribution terms would be stated, is not part of the public record. The sale date and the hold are what the record settles.