Full cycle

SL Water's Edge Apartments, DST Reached Full Cycle with an October 2022 Property Sale

The residential offering Sandlapper Capital Investments filed in 2014 under 506(b) is recorded as completed, with the property sale closing after a hold of 8. 2 years.

Published Updated

The property held by SL Water's Edge Apartments, DST was sold on October 18, 2022, taking the offering full cycle. Sandlapper Capital Investments records the program as completed on its published track record.

The Trust's first Form D was filed on July 29, 2014, a residential Delaware Statutory Trust (DST) offering under 506(b).

As filed


Offering amount

$21,118,000

Minimum investment

$277,897

The record places the hold at 8.2 years, and it carries neither a sale price nor a return figure for the disposition. What the sale amounted to for the investors who held interests cannot be read from the public documents.