ERP 1031 Industrial Portfolio IV DST
Investment Description
This Delaware statutory trust holds industrial properties in Midland and Odessa, Texas. The portfolio includes warehouse and office buildings, service facilities and equipment yards used by energy-service businesses. Investors acquire beneficial interests in the trust, with affiliated property management and a master lease forming part of the structure.
Key Facts
- Fundraising Status
- Open
- Sponsor Name
- ERP 1031, LLC
- Location(s)
- Texas
- Equity
- $36,150,000
- Debt
- $13,000,000
- LTV (investor offering)
- 26.45%
- Property Type
- Industrial
Projected income percentages use original equity and exclude exit proceeds. LTV = allocated debt / (equity + allocated debt). Income uses the source ten-year operating distribution schedule. Figures reflect reviewed document dates, not current operating results. Projections are not guaranteed; availability is maintained separately.
Sponsor Overview
ERP 1031, LLC
ERP 1031, LLC sponsors the offering through the ERP real estate platform. The PPM identifies William A. Meyer II, Meghan J. Berry and Brennan P. Berry in leadership roles, and ERP-M II, LLC provides affiliated property management.