This opportunity is available for investment
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Significant Recent Capital Expenditures: Prior ownership reports total capital expenditures of $1.89 million since 2021 including $1.15 million to renovate 63 units with new lighting, cabinets, solid surface countertops, stainless steel appliances, new washer/dryer units, new paint, flooring, and walk-in showers. Additionally, the Seller reports $373,116 for common area renovations including new paint, and furniture, fixtures and equipment, $21,800 for roofing repairs, $313,066 for mechanical, electrical and plumbing/facility upgrades, and $39,000 for various other improvements.
Recent Leasing Activity: As of January 1st, 2026, the Property is 98.9% occupied and has exceeded 95% occupancy for nine consecutive months. The Property Manager reported increasing market rents 4.4% and increasing in-place rents 4.8%, effective January 1st, 2026. In-Place rents reflect a loss-to-lease of 2.1% indicating there may be potential to increase rents further.
Favorable Demographics: According to ESRI, over the next five years, the 55 and older population within a 5-mile radius is projected to grow by 10.2% from 50,401 to 55,518. The 55+ population is expected to comprise 21.8% of the overall population by 2030. The average household income and home value within a 5-mile radius is $122,481 and $693,698, respectively.
Convenient Location: The Property is conveniently located 1.5 miles east of Downtown Salt Lake City, near two major thoroughfares, I-15 and I-80, providing convenient access to amenities and services throughout the metro in addition to major retailers, restaurants, and neighborhood services including University of Utah Hospital (2.2 miles east). Salt Lake City International Airport (7.6 miles west) offers over 330 daily flights including nonstop flights to over 100 domestic and international destinations.
Quality of Life: Salt Lake City was recently ranked #3 among large US metros in the Milken Institute’s 2025 Best-Performing-Cities Index, which evaluates economic performance based on job and wage growth, among other metrics. The area is served by University of Utah Health with University of Utah Hospital ranked #1 in the State of Utah and recognized in 19 types of care. The area offers year-round outdoor recreational opportunities including skiing in the winter months, hiking, mountain biking, fishing, and bird watching in warmer months in addition to a range of recreational and cultural amenities including parks, theaters, and museums.
Market Fundamentals: According to an appraisal dated October 31, 2025, there are currently no competitive properties proposed or under construction within the Property’s Primary Market Area (“PMA”). Additionally, there are a total of 4,661 Age Qualified Households (Aged 75+) compared to only 289 existing units in the Property’s PMA, with the appraiser concluding the submarket is undersupplied.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Senior Living
Location
Salt Lake City, UT
Year Built
1987
Occupancy Rate
98.9%
Please refer to the LSC - Salt Lake UT, DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Livingston Street Capital
Livingston Street Capital, LLC (“Livingston” or the “Sponsor”) is a boutique real estate private equity firm
headquartered in Radnor, Pennsylvania. The Sponsor’s investment strategy focuses on essential, “needsdriven”
real estate including multifamily and active adult residential properties, healthcare (medical
office, health care services and laboratories), and mission critical or strategic real estate assets.
Livingston is led by a management team that has collectively transacted more than $20 billion of real
estate transactions throughout their careers collectively spanning more than 75 years of experience in
multiple aspects of real estate and capital markets.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Key benefits and features of this investment opportunity
All information is subject to the Sponsor's official Investment Documentation. For more information, including risk factors, view the .
Significant Recent Capital Expenditures: Prior ownership reports total capital expenditures of $1.89 million since 2021 including $1.15 million to renovate 63 units with new lighting, cabinets, solid surface countertops, stainless steel appliances, new washer/dryer units, new paint, flooring, and walk-in showers. Additionally, the Seller reports $373,116 for common area renovations including new paint, and furniture, fixtures and equipment, $21,800 for roofing repairs, $313,066 for mechanical, electrical and plumbing/facility upgrades, and $39,000 for various other improvements.
Recent Leasing Activity: As of January 1st, 2026, the Property is 98.9% occupied and has exceeded 95% occupancy for nine consecutive months. The Property Manager reported increasing market rents 4.4% and increasing in-place rents 4.8%, effective January 1st, 2026. In-Place rents reflect a loss-to-lease of 2.1% indicating there may be potential to increase rents further.
Favorable Demographics: According to ESRI, over the next five years, the 55 and older population within a 5-mile radius is projected to grow by 10.2% from 50,401 to 55,518. The 55+ population is expected to comprise 21.8% of the overall population by 2030. The average household income and home value within a 5-mile radius is $122,481 and $693,698, respectively.
Convenient Location: The Property is conveniently located 1.5 miles east of Downtown Salt Lake City, near two major thoroughfares, I-15 and I-80, providing convenient access to amenities and services throughout the metro in addition to major retailers, restaurants, and neighborhood services including University of Utah Hospital (2.2 miles east). Salt Lake City International Airport (7.6 miles west) offers over 330 daily flights including nonstop flights to over 100 domestic and international destinations.
Quality of Life: Salt Lake City was recently ranked #3 among large US metros in the Milken Institute’s 2025 Best-Performing-Cities Index, which evaluates economic performance based on job and wage growth, among other metrics. The area is served by University of Utah Health with University of Utah Hospital ranked #1 in the State of Utah and recognized in 19 types of care. The area offers year-round outdoor recreational opportunities including skiing in the winter months, hiking, mountain biking, fishing, and bird watching in warmer months in addition to a range of recreational and cultural amenities including parks, theaters, and museums.
Market Fundamentals: According to an appraisal dated October 31, 2025, there are currently no competitive properties proposed or under construction within the Property’s Primary Market Area (“PMA”). Additionally, there are a total of 4,661 Age Qualified Households (Aged 75+) compared to only 289 existing units in the Property’s PMA, with the appraiser concluding the submarket is undersupplied.
The offering documents below have been prepared and are being delivered by the Sponsor of this investment opportunity.
Get help from our team of investment specialists or use our portfolio builder tool to model this investment in your 1031 exchange strategy.
Property Type
Senior Living
Location
Salt Lake City, UT
Year Built
1987
Occupancy Rate
98.9%
Please refer to the LSC - Salt Lake UT, DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
Livingston Street Capital
Livingston Street Capital, LLC (“Livingston” or the “Sponsor”) is a boutique real estate private equity firm
headquartered in Radnor, Pennsylvania. The Sponsor’s investment strategy focuses on essential, “needsdriven”
real estate including multifamily and active adult residential properties, healthcare (medical
office, health care services and laboratories), and mission critical or strategic real estate assets.
Livingston is led by a management team that has collectively transacted more than $20 billion of real
estate transactions throughout their careers collectively spanning more than 75 years of experience in
multiple aspects of real estate and capital markets.
For more information, view the .
All details presented on this page are subordinate to and qualified entirely by the comprehensive information contained within the Sponsor's official Investment Documentation. The content displayed here remains incomplete and may be modified by the Sponsor without notice prior to closing. The Sponsor's Investment Documentation and related materials include critical details regarding investment goals, business strategies, potential risks, fees, costs, and additional material information that should be thoroughly evaluated before making any investment decision. The information presented on this page is insufficient for making informed investment choices.
This investment is speculative, highly illiquid, and involves substantial risk. There can be no assurances that all or any of Sponsor's assumptions, expectations, estimates, goals, hypothetical illustrations, or other aspects of Sponsor's business plans ("Assumptions") will be true or that actual performance will bear any relation to Sponsor's Assumptions, and no guarantee or representation is made that Sponsor's Assumptions will be achieved. If Sponsor does not achieve its Assumptions, your investment could be materially and adversely affected. A loss of part or all of the principal value of your investment may occur. You should not invest unless you can readily bear the consequences of such loss. Sponsor's Assumptions should not be relied upon as the primary basis for your decision to invest.
Sponsor is solely responsible for statements made concerning forward-looking statements and Assumptions, which apply only as of the date made, are preliminary and subject to change, and are expressly qualified in their entirety by the disclosures and cautionary statements included in Sponsor's Investment Documents, which you should carefully review. A Sponsor is obligated to update or revise such forward-looking statements or Assumptions to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events. Sponsor's forward-looking statements and Assumptions are hypothetical, not based on actual investment achievements or events, and are presented solely for purposes of providing insight into the Sponsor's investment objectives, detailing Sponsor's anticipated risk and reward characteristics, and establishing a benchmark for future evaluation of actual results; therefore, they are not a predictor, projection, or guarantee of future results. You should not rely on Sponsor's forward-looking statements as a basis to invest.
Importantly, we do not adopt, endorse, or provide any assurance of returns or as to the accuracy or reasonableness of Sponsor's Assumptions or forward-looking statements.
Any reference to historical performance does not indicate future results and should not be considered the primary factor in investment decisions.
Sponsor's securities offering will not be registered under the Securities Act of 1933, as amended (the "Securities Act"), in reliance upon the exemptions from registration pursuant to Rule 506(c) of Regulation D as promulgated under the Securities Act ("Private Placement"). In addition, the offering will not be registered under any state securities laws in reliance on exemptions from state registration. Such securities (your ownership interests) are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable state and federal securities laws pursuant to registration or an available exemption. All Private Placements on the Platform are intended solely for "Accredited Investors," as that term is defined in Rule 501(a) under the Securities Act.
Nothing presented on this page constitutes investment advice (whether regarding specific securities or overall investment strategies), recommendations, offers to sell, or solicitations to purchase any security. Professional securities advice is strongly recommended to comprehend and evaluate the risks inherent in real estate or private placement investments.
Internal Revenue Code Section 1031 ("Section 1031") involves intricate tax principles, and tax implications may differ based on individual investor circumstances. Anchor1031, LLC and Quincy Wells Capital, LLC provide no representations or warranties regarding the tax consequences of your investment or whether the IRS will accept such tax treatment. Consultation with and reliance upon your personal tax advisor regarding tax implications specific to your situation is essential.
