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Inland Long Island Residential DST

Multifamily · NY · Sponsored by Inland

$100,000
Minimum Investment
4.35%
Year-1 Cash Flow
49.28%
Loan-to-Value
10 Yrs
Est. Hold Period

Offering Overview

$212.082M DST investment in a 292-unit build-to-rent community at 20 Maple Lane, Farmingville, NY. The capitalization includes approximately $107.582M of equity and $104.5M of financing.

Investment Highlights

  • 292-unit build-to-rent community.
  • 20 Maple Lane, Farmingville, New York.
  • Approximately $107.582M of equity.
  • Approximately $104.5M of financing.
  • Long Island residential exposure.

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.

Cash Flow (Distribution)Tax-Equivalent Yield
4.35%4.35%4.35%4.35%4.36%4.44%4.46%4.77%5.07%5.37%6.87%6.87%6.87%6.87%6.89%7.01%7.04%7.53%8.01%8.48%Y1Y2Y3Y4Y5Y6Y7Y8Y9Y10

Illustrative projections only — targeted distributions are not guaranteed and actual results will vary. Tax-equivalent yield assumes depreciation shelter of distributed income.

4.59%
Avg Cash Flow
23.45%
10-Yr Growth
8.37%
Cap Rate Equiv.

Analyst Notes

Rent growth, taxes, insurance, debt service, leasing, and exit pricing drive results.

Pros

Build-to-rent profile, Long Island location, moderate leverage, and professional management.

Cons

Single-asset concentration, New York costs, leverage, rate risk, and illiquidity.

Financing

Financing terms for this offering are summarized below.

LenderPNC
Interest Rate4.30% cap year 1 / 5.382% swap
Loan Term7 years + 3-year extension
I/O Period7 years
Amortization30 years
Year-1 DSCR

Benchmark Comparison

MetricThis OfferingBenchmarkDifference
Average Yield4.59%4.99%−8.02%
Max Yield5.37%5.34%+0.56%
10-Yr Income Growth23.45%25.67%−8.65%

Benchmark reflects the average of comparable Multifamily offerings. Differences are relative to the benchmark.

Offering Documents

About the Sponsor

Inland Private Capital Corporation is the leading provider of securitized 1031 exchange opportunities in the United States—a designation supported by Mountain Dell Consulting's sponsor rankings—managing more than $12.3 billion across 317 offerings in 43 states as of mid-2024. A subsidiary of the 50-plus-year Inland Real Estate Group, IPC has sponsored 323 programs, acquired upward of $18 billion in assets, and returned more than $3.5 billion through full-cycle monetizations, with diversification spanning eight-plus property sectors and growing QOZ and single-family-rental platforms. That combination of market leadership, breadth and a deep disposition track record makes Inland the institutional anchor of the DST category.

1968
Year Founded
$12.30B
Assets Under Mgmt
77 Deals
Full-Cycle Deals
8.00%
Avg Annual Return
1.52x
Avg Equity Multiple
6.9 Years
Avg Hold Period
94.81%
Success Rate
View Inland profile
Important Disclosures

This page describes a specific Delaware Statutory Trust offering (Inland Long Island Residential 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.