Your 1031 DST Authority
IDEAL Ecco Park DST
Offering Overview
IDEAL Ecco Park DST is a $94.5 million Delaware Statutory Trust from IDEAL Capital Group offering Ecco Park, a 360-unit Class A multifamily community completed in 2024 on 23.73 acres at 3461 Huddle Way in Canal Winchester, Ohio, in the Columbus metro. The trust acquired the property for $83 million and placed a $48.86 million Freddie Mac loan fixed at 5.17% for ten years (interest-only through 2031), leaving $45.67 million of equity at a 51.68% LTV. A 15-year, 100% property-tax abatement on the improvements materially reduces operating expenses. The offering is made under Rule 506(c) with a $100,000 minimum for 1031 investors.
Investment Highlights
- Newly built (2024) 360-unit Class A multifamily community in the growing Columbus, Ohio metro.
- 15-year, 100% property-tax abatement on improvements that materially lowers operating costs.
- $48.86M Freddie Mac loan fixed at 5.17% for 10 years, interest-only through 2031; 51.68% LTV.
- Vertically integrated sponsor (IDEAL Capital Group) focused exclusively on multifamily, with over $3 billion developed or acquired across nine states.
- $100,000 minimum (1031) / $25,000 (cash); offered under Rule 506(c).
Forecasted Cash Flow
Projected annual cash-on-cash distributions with the corresponding tax-equivalent yield over the hold, based on the sponsor’s underwriting assumptions.
Illustrative projections only — targeted distributions are not guaranteed and actual results will vary. Tax-equivalent yield assumes depreciation shelter of distributed income.
Analyst Notes
A leveraged, income-oriented Class A multifamily DST in a growing Midwest market where a 15-year, 100% tax abatement is the key differentiator. Best suited to 1031 investors comfortable with a newer asset and a single-market, no-721 structure.
Pros
Brand-new 2024 construction with minimal near-term capex; 15-year tax abatement boosts net cash flow; fixed-rate agency (Freddie Mac) debt with an interest-only period through 2031; growing, lower-cost Columbus market.
Cons
Recently delivered asset still stabilizing occupancy; leverage adds refinance risk at the 2036 loan maturity; single-asset, single-market concentration; standalone multifamily sponsor without an affiliated REIT for a 721 exit; projected distribution schedule not yet posted.
Financing
Financing terms for this offering are summarized below.
Benchmark Comparison
| Metric | This Offering | Benchmark | Difference |
|---|---|---|---|
| Average Yield | 5.10% | 5.03% | +1.39% |
| Max Yield | 5.93% | 5.29% | +12.10% |
| 10-Yr Income Growth | 19.56% | 24.74% | −20.94% |
Benchmark reflects the average of comparable Multifamily offerings. Differences are relative to the benchmark.
Offering Documents
Offering Documents Available By Request
About the Sponsor
IDEAL Capital Group is a Clovis, California-based private real estate investment firm focused exclusively on multifamily acquisitions and development. Built on a family real estate platform with a multi-decade operating history and established as IDEAL Capital Group in 2017, the firm and its affiliates have developed or acquired over $3 billion of multifamily housing spanning more than 100 apartment communities and 13,000-plus units across nine states. IDEAL is vertically integrated across acquisitions, finance, construction oversight, and asset management, specializing in value-add and complex multifamily repositioning to pursue above-market, risk-adjusted returns for institutional and private-equity investors.
This page describes a specific Delaware Statutory Trust offering (IDEAL Ecco Park DST) and is provided for informational purposes only. It does not constitute an offer to sell or a solicitation of an offer to buy any security. Any offering is made solely to verified accredited investors and only by means of a confidential private placement memorandum (PPM).
All figures shown — including minimum investment, cash-flow projections, tax-equivalent yield, loan-to-value, and hold period — reflect the sponsor's current estimates and assumptions and are not guarantees of future performance. Tax-equivalent yield depends on each investor's tax circumstances; projected distributions may not be achieved and actual results will vary. Sponsor track record, benchmark data, and full-cycle averages describe prior programs and are not indicative of the results of this offering.
An investment in a DST is speculative, illiquid, and involves a high degree of risk, including the possible loss of the entire amount invested. There is no public market for these interests, distributions are not guaranteed, and investors have no control over property operations. 1031 exchange and tax treatment depend on each investor's individual circumstances and on tax laws that are subject to change; consult your own tax and legal advisors.
Tax-equivalent yield represents the pre-tax yield a fully taxable investment would need to generate in order to match the after-tax cash flow of this offering. It assumes that a portion of distributions is sheltered by depreciation and other deductions, and it depends entirely on each investor's individual tax bracket, state of residence, and holding structure. It is illustrative only and is not a projection of return. Cap rate equivalent is the implied capitalization rate (net operating income divided by purchase price) shown solely for comparison to direct real estate; it is not a distribution rate, a yield, or a measure of investor return.
This offering and all terms shown are subject to change, withdrawal, or cancellation at any time without notice, and availability is not guaranteed. Nothing on this page creates a commitment or reservation. An investment is confirmed only upon the sponsor's acceptance of fully executed subscription documents; no other communication, indication of interest, or reservation constitutes a binding investment.