DST OFFERINGS

Affinity at Three Springs

Multifamily Development in Chronically Undersupplied Market
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162-Unit Multifamily Development in Chronically Undersupplied Market

Affinity at Three Springs is a new, ground-up multifamily community which will break ground in Fall of 2023 and is scheduled to be completed by Fall of 2025. The Property is immediately adjacent to the newly built Centura-Mercy Hospital, the top employer in the area. This master-planned development has experienced 28% rent growth over the past three years.

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PROPERTY HIGHLIGHTS

Preferred Return: 10%
Target Investor Return: 16.15% IRR
Target Investor Equity Multiple: 1.77x
Affinity at Three Springs is a new, ground-up multifamily community which will break ground in Fall of 2023 and is scheduled to be completed by Fall of 2025. The Property is immediately adjacent to the newly built Centura-Mercy Hospital, the top employer in the area. This master-planned development has experienced 28% rent growth over the past three years.

Durango, Colorado • 162 Units

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