Hamilton Point Investments (HPI), a real estate investment firm, has launched HPI Farmhouse DST. This offering marks Hamilton Point’s tenth Delaware Statutory Trust (DST) offering, which seeks to raise more than $28.8 million.
Built in 2023, HPI Farmhouse DST is in Easley, S.C., outside of Greenville. The apartment community is 95 percent occupied and offers 224 units of one-, two- and three-bedroom units.
HPI Farmhouse DST will have a first-year cash flow of nearly 4.4 percent, which will increase each year. HPI has acquired more than 35,000 apartments since 2009, with seven full-cycle DSTs offering an internal rate of return of 14 percent.
