MADISON
RIDGE DST
3506 Buster Lane
Indian Land, SC 29707
targeted benefits*
Potential Monthly Cash Flow
All Cash/Debt Free Offering
Depreciation Benefits
Charlotte, NC MSA
Multifamily housing
investment opportunity
1031 Exchange +
Cash Investment Opportunity*
*There is no assurance that there will be enough cash flow for distributions to investors or that depreciation benefits will be realized; 2. The company has attempted to structure the purchase of an Interest as a purchase of real estate and eligible as an exchange under Section 1031, however no ruling has been obtained from the IRS.
*There is no guarantee such objectives will be met. The offering is made available to accredited investors only under Regulation D Rule 506c.
*Past performance does not guarantee future results. The content of this presentation is proprietary and confidential information of Madison Capital Group. It is not intended to be distributed to any third party without the written consent of Madison Capital Group or its representatives. All real estate and DST investments carry the risk of a complete loss of invested capital and that returns/cash flow/ appreciation/distributions after appreciation are not guaranteed and could be lower than anticipated. There is no guarantee such objectives will be met. Please read the entire Private Placement Memorandum (PPM) for a full discussion of the business plan and risk factors prior to investing. By accepting this material, you agree to all terms and provisions of this offering and the lease confidential, and you will not share or disseminate any of the information in this offering or the lease. Securities offered through Realta Wealth, Inc., Member FINRA/SIPC. Only available in states where Realta Wealth, Inc. is registered. Madison Capital Group and Realta Wealth, Inc. are affiliated.
Investment Summary
Brand New 2023 Construction Multifamily Community
Millennial and Baby Boomer lifestyle shifts support rental demand
Charlotte, North Carolina MSA
Potential for monthly cash flow distributions and appreciation
FIND OUT MORE
Download the indication of interest brochure
Property Details
Address
3506 Buster Ln
Location
Indian Land, SC 29707
Year Built
Completed Q4 2023
Total Rentable Square Feet
234,632 SF
Number of Units
240
Unit mix
1 BR: 92
2 BR: 120
3 BR: 28
Average SF
978
To Invest Please Contact
Michael Crimmins
President
Madison 1031 Exchange, LLC
(314)603-5827
mcrimmins@madisoncapgroup.com
Cody Lewis
Executive Vice President
Madison 1031 Exchange, LLC
(949)463-0694
clewis@madisoncapgroup.com
Abby Wiss, CFP®
Regional Vice President
Madison 1031 Exchange, LLC
(314)960-4259
awiss@madisoncapgroup.com
Geoff Brown
Executive Vice President
Madison 1031 Exchange, LLC
(610)724-6332
gbrown@madisoncapgroup.com
madison ridge.
The Property is a 240-unit, 3-story, Class A Garden multifamily property located Indian Land, SC (Charlotte MSA) that completed construction in Q4 of 2023, and is currently in lease-up.
The complex offers market rate rental units and is a highly amentized with community features such as a clubhouse, fitness center, resort style pool, and outdoor grilling areas.
Madison Ridge was constructed with intention and attention to detail that combine elements of traditional architecture with fresh accents and stone textures. With crisp neighborhood-style landscaping, the Property attracts a resident pool who enjoys the suburban lifestyle with proximity to urban amenities and abundant employment options.
Unit amenities
Washer and Dryer
Sleek Stainless Appliances
Granite Countertops in Kitchen
and BathDesigner Lighting and Hardware Package
Elegant Hardwood Style Flooring
Private Patio/Balcony
Community amenities
Retreat-Inspired Pool with Tanning Deck
Outdoor Gourmet Grilling Pavilion
State-of-the-Art Fitness Studio with TRX Equipment
Community Lounge with WIFI and workstations
Coffee Lounge
Pet Grooming Station / Pet Spa
Parcel Lockers
Investment Highlights
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Madison Capital Group is a vertically integrated real estate investment and development firm with a primary focus on the multifamily, self-storage, and RV Storage sectors.
Madison self-manages their properties that are in lease up.
The Sponsor is using their internal GC team to construct this deal.
Madison has 15 operating assets, nine of these are long term holds and six of them are in lease up.
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Nearby Promenade at Carolina Reserve (5 miles away) is a 100% leased super regional center, featuring tenants such as T.J. Maxx, Burlington, HomeGoods, and Ulta Beauty
Drive Times: 35 minutes from Charlotte CBD, 10 minutes from Ballantyne, 5 minutes from RedStone
Publix, Harris Teeter, Food Lion, and Aldi all have stores along HWY 521
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The Property is proximate to three major employment nodes including Indian Land, Ballantyne, and Fort Mill
Lancaster County attracts young families with a highly-desirable and well-ranked school system
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Land scarcity in Indian Land, especially at the submarket’s primary intersection, which is 1 mile from the Property (Charlotte Hwy-521/Fort Mill Hwy-160), is driving multifamily land prices significantly above $20K per unit
Lancaster County utility providers, particularly water & sewer, present approval challenges, adding additional time and cost for new development
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Onsite amenities include a salt-water pool with tanning deck, outdoor gourmet grilling pavilion, state-of-the-art fitness studio, community lounge with Wi-Fi and workstations
Unit amenities feature stainless steel appliances, granite countertops, private patio/balcony, and large walk-in closets
*Past performance is no guarantee of future results. Location information is provided for educational purposes and is general in nature. It may not predict the performance of the property.
<1 Mile
From HWY 521
20 Miles
From Uptown Charlotte
47%+
Population growth within
5-mile radius (2010-2023)
Median Household Income
$124K
in a 3-mi
radius
$116K
in a 5-mi
radius
MADISON RIDGE
3506 Buster Lane | Indian Land, SC 29707
Indian Land
Immediately south of Charlotte, in one of America’s top states for business, is Lancaster County, South Carolina. The county has one of the most amazing stories to tell. It is the story of a community that was once a world-renowned center for the textile industry that found a way to reinvent itself by becoming home to the largest commercial gold mine operation east of the Mississippi River and then a premier location for corporate headquarters facilities, advanced manufacturing operations, technology enterprises and customer service centers.
Businesses from around the globe have discovered the many advantages afforded by a Lancaster County location. With so many striking gold here, Lancaster County’s future promises to be one that continues to glitter and shine.*
fastest growing
area in Lancaster County
Adjacent to
the City of
Charlotte
south carolina
A Top State for Business
“Indian Land, SC, is becoming one of the top Charlotte, NC suburbs. Forbes magazine named Indian Land a top ‘Boom town’ in the nation. And for a good reason. There’s a lot of love about this beautiful, sprawling setting, located just south of Charlotte in Lancaster county. Read on to learn about the benefits of living in Indian Land, SC.” *
Top employers in Indian Land*
Red Ventures LLC
Continental Tire North America
Sharonview Federal Credit Union
The Inspiration Networks
URS Nuclear
Duracell
AkzoNobel
Nutramax Laboratories
Pattison Sign Group
Thomas & Betts
Haile Gold Mine
Fancy Pokket
Keer America
McClancy Seasoning
Fab Fours
Industrial Manufacturing Services (IMS)
Silgan Containers
Charlotte MSA Quick Facts*
#8
BEST U.S.
PLACES TO LIVE
(2023-24)
2.75M
POPULATION
(2022)
#5
LARGEST POPULATION INCREASE
(2022)
$228B
GROSS DOMESTIC
PRODUCT
(2022)
$7.8B
TOURISM
SPENDING
(2019)
*Sources:
https://realestate.usnews.com/places/rankings/best-places-to-live
https://www.citypopulation.de/en/usa/metro/16740__charlotte_concord_gas/
https://www.wsoctv.com/news/local/charlotte-posts-nations-fifth-largest-population-increase-2022/S7OBXKLZ3RHSFBC43ULVUTQ6ZE/
https://fred.stlouisfed.org/series/NGMP16740
https://www.wsicweb.com/wsicnews/2019-visitor-spending-hits-a-record-7-8-billion-in-charlotte-region-nearly-6-billion-in-mecklenburg-county/
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This offering is made only to Accredited Investors per Regulation D, Rule 506(c).
This material is intended for Accredited Investors generally defined as an individual having a net worth of over $1 million dollars exclusive of primary residence, and certain entities with gross assets of greater than $5 million dollars or made up entirely of accredited individuals. If you are unsure if you or your entity is considered accredited, please verify with your CPA and attorney prior to considering an investment.
There are significant limitations on the ability to sell or transfer interests.
Securities offered through Realta Wealth, Inc., Member FINRA/SIPC. Only available in states where Realta Wealth, Inc. is registered. Madison Capital Group and Realta Wealth, Inc. are affiliated.
The Internal Revenue Code Section 1031 contains complex tax concepts. You should consult your legal or tax professional regarding the specifics of your particular situation prior to considering an investment. This material is not to be interpreted as tax or legal advice.
Past performance is not indicative of future results.
Potential cash flows/distributions/appreciation are not guaranteed and could be lower than anticipated.
There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) properties, and real estate securities. These include illiquidity, tenant vacancies, general market conditions and competition, lack of operating history, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial properties, potential adverse tax consequences, loss of entire investment principal, declining market values, and general economic risks.
Investors should read the entire PPM carefully, including the “Risk Factors” section of the PPM before investing.
The sponsor and their affiliates will all receive substantial fees and compensation relating to the syndication and sale of interests, as well as relating to the ongoing management and disposition of the Property owned by the DST.
REAL ESTATE RISK DISCLOSURE:
There is no guarantee that any strategy will be successful or achieve investment objectives including, among other things, profits, distributions, tax benefits, exit strategy, etc.
Potential for property value loss – All real estate investments have the potential to lose value during the life of the investments.
Change of tax status – The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities.
Potential for foreclosure – All financed real estate investments have potential for foreclosure.
Illiquidity – These assets are commonly offered through private placement offerings and are illiquid securities.
There is no secondary market for these investments.
Reduction or elimination of monthly cash flow distributions – Like any investment in real estate, if a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions.
Impact of fees/expenses – Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits.
Stated tax benefits – Any stated tax benefits are not guaranteed and are subject to changes in the tax code. Speak to your tax professional prior to investing.