Delaware Statutory Trust Properties
Looking for DST properties for sale for a 1031 exchange? Delaware Statutory Trust properties allow investors who are eligible for a particular offering to acquire a beneficial interest in real estate held by a trust instead of buying and managing an entire property directly. Offerings may include multifamily, industrial, medical office, net lease, self-storage, and other income-producing real estate.
Current DST inventory changes frequently as offerings open, fill, and close. Compare each opportunity based on property type, sponsor, tenant profile, financing, minimum investment, fees, projected distributions, hold period, and risks. Investors using a 1031 exchange should also coordinate any DST purchase with their identification deadline, exchange value, cash reinvestment, and tax planning. Investors considering a DST as 1031 replacement property should also evaluate how the offering fits their exchange value, timing, financing, and identification requirements.
What Qualifies as a DST Property?
Looking for DST properties for sale for a 1031 exchange? Delaware Statutory Trust properties allow investors who are eligible for a particular offering to acquire a beneficial interest in real estate held by a trust instead of buying and managing an entire property directly. Offerings may include multifamily, industrial, medical office, net lease, self-storage, and other income-producing real estate.
Current DST inventory changes frequently as offerings open, fill, and close. Compare each opportunity based on property type, sponsor, tenant profile, financing, minimum investment, fees, projected distributions, hold period, and risks. Investors using a 1031 exchange should also coordinate any DST purchase with their identification deadline, exchange value, cash reinvestment, and tax planning.
How DST Property Returns Are Generated
DST returns may come from property operating income and potential appreciation when the property is eventually sold. Neither source is guaranteed. Distributions can change based on occupancy, rent collections, operating expenses, debt service, capital needs, reserves, and other factors described in the offering documents.
Lease terms can affect income durability, but long leases or strong tenants do not eliminate investment risk. Investors should review the rent roll, lease expirations, tenant concentration, financing, reserves, and assumptions behind any projected distribution.
Potential appreciation depends on the property’s purchase price, market conditions, operating performance, financing, and eventual sale. Projected distributions, hold periods, and exit values should be treated as estimates rather than expected outcomes.
Common Types of DST Properties
DST properties can span a wide range of asset types, each offering a different mix of income potential, tenant stability, diversification, and market exposure. Understanding the most common categories can help investors compare opportunities and identify which DST structure may best fit their 1031 exchange goals.
Multifamily DST Properties
Multifamily properties are often one of the most common DST categories. They may range from newer Class A communities to Class B properties with value-add potential. These assets are often favored by investors who want broad tenant demand and long-term housing exposure.
Net Lease DST Properties
Net lease DST properties are often single-tenant buildings with longer lease terms. They are commonly associated with more predictable income and tenant credit strength. For many exchangors, they can be attractive when stability and passive ownership are top priorities.
Medical and Healthcare DST Properties
Medical and healthcare DST properties can include medical office buildings, outpatient facilities, dialysis centers, and healthcare portfolios. These assets may appeal to investors who want exposure to essential-use real estate and tenants with specialized operations.
Industrial DST Properties
Industrial DST property offerings can include warehouse, logistics, distribution, and light industrial assets. These properties are often valued for functional use, tenant demand, and long-term relevance in supply chain-driven markets.
Hospitality, Office, and Specialty DST Properties
Some DST offerings fall into categories such as hotels, office properties, self-storage, senior housing, retail centers, or specialized structures like zero coupon programs. These may serve more specific investor objectives, whether that means higher income potential, added diversification, or a strategy built around debt replacement.
Portfolio DST Investments
Portfolio structures can combine multiple properties, tenants, or markets into one offering. For investors who want broader diversification within a single investment, these can provide exposure across regions or asset types rather than concentrating everything in one building.
How to Evaluate Delaware Statutory Trust Properties
A DST should be evaluated as both real estate and a securities offering. The property itself matters, but so do sponsor execution, financing, fees, offering terms, and the investor’s exchange and liquidity needs.
- Property and market fundamentals: Review the asset class, location, tenant demand, occupancy, lease expirations, tenant concentration, and anticipated capital needs.
- Sponsor and operator: Consider experience with comparable properties, prior full-cycle programs, financial condition, reporting practices, and execution history.
- Financing: Review loan-to-value, interest rate, loan maturity, refinance risk, and how the financing fits your exchange circumstances.
- Investment economics: Compare minimum investment, fees, projected distributions, reserve assumptions, and the assumptions supporting the projections.
- Liquidity and exit: Review the expected hold period, transfer restrictions, planned exit strategy, and what happens if market conditions delay a sale.
- Offering eligibility: Confirm the securities exemption used for the offering and whether you meet its investor eligibility requirements. Investors who are unsure whether they qualify for a particular DST offering can also review our guide to DST investing for non-accredited investors.
Projected distributions, appreciation, hold periods, and exit values are not guaranteed. Investors should review the Private Placement Memorandum and related offering documents and involve the appropriate tax, legal, and securities professionals before investing.
For a broader look at ownership structure, risks, potential benefits, and other DST investment considerations, review our Delaware Statutory Trust investment guide.
Request Current DST Properties for Sale
Current DST availability changes frequently, and public marketing rules depend on the securities exemption used for each offering. Rule 506(b) generally prohibits general solicitation. Rule 506(c) permits general solicitation if all purchasers are accredited investors and the issuer takes reasonable steps to verify accredited status. The amount of offering detail that can be shown publicly can therefore vary by offering.
1031 Exchange Place can help you review available DST properties based on your exchange timing, equity amount, financing needs, property preferences, liquidity considerations, and risk tolerance. Availability and investor eligibility vary by offering.
Request current DST offerings to compare available options with an advisor.
Examples of Completed DST Properties
The properties below are examples of completed offerings and are not currently available for investment. They illustrate the types of assets, leverage levels, minimum investments, and estimated hold periods that have appeared in prior DST programs. Past offerings do not indicate future availability or investment results.
Ivy Apartments
Net Leased Portfolio 13
Parker DST
Debt-Free Healthcare
Self-Storage Portfolio
National Multifamily
Walmart Cash-Out
Net Leased Portfolio 20
Pearce at Pavilion
Gulf Coast Industrial
Ivy Apartments
