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RE · REAL ESTATE

CX Mode at Hyattsville, DST

Carter Funds · Multifamily DST

Program Overview

Multifamily DST
CX Mode at Hyattsville, DST
Peer Group Filters
Objectives
IncomeCapital AppreciationCapital PreservationTax AdvantagedDiversification
Asset Class
Real Estate
Vehicle
DST
Single / Multi Asset
Single-Asset
Sponsor/Manager
Asset Class
Real Estate
Issuer
CX Mode at Hyattsville, DST
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Finite
Program Hold Period
7–10 years
Strategy Risk/Return Profile
Value Add
Managing Broker-Dealer
Target Asset Details
396 units Residential units · 386,100 sq ft Net leasable area · 7 acres Site area · 502 spaces Garage spaces · 1 properties Properties
Tax Opinion
“Should” Level 1031 exchange eligibility · subject to stated assumptions
Maximum Offering
$73,433,727
Minimum Investment
$100,000
Class 1 Beneficial Interests · waivable
Strategy Overview

CX Mode at Hyattsville, DST is a single-asset Delaware statutory trust offering Class 1 Beneficial Interests to accredited investors, designed for Section 1031 exchange and cash purchasers. It owns Mode at Hyattsville, a 396-unit, 386,100 sq ft multifamily community built in 2009 in Hyattsville, Maryland, acquired October 20, 2022 for $103,500,000 with a $57,184,000 Fannie Mae DUS loan. The sponsor plans to preserve capital, pay monthly distributions, fund $5,143,000 of budgeted improvements and contingency from trust reserves, and sell the property within approximately seven to ten years.

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