MCG Madison Ridge DST

Investment Description

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. Madison Ridge will feature a unit mix comprised of 92 onebedroom, 120 two-bedroom, and 28 three-bedroom units with an average unit size of 978 SF. 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. Unit amenities include stainless steel appliances, granite countertops, private patio/balcony, in unit washer/dryer, and large walk-in closets. Madison Ridge was constructed with intention and attention to detail that combine elements of traditional architecture with fresh accents and stone textures. With crisp neighborhoodstyle landscaping, the Property attracts a resident pool who enjoys the suburban lifestyle with proximity to urban amenities and abundant employment options.

Business Plan

The Trust expects to provide the Owners a return on their investment in two primary ways: (i) in the form of monthly cash distributions to the Owners; and (ii) upon any Disposition of the Property. See “Risk Factors – Disposition of the Property and the Termination of the Trust,” “The Trust and Summary of the Trust Agreement” and “The Summary of the Limited Liability Company Agreement.”