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 .
High Barriers to Entry with Limited Future Supply. Deliveries in North Greensboro has increased after falling to zero in 2023. The submarket is likely to reach its peak in deliveries in 2026. The 454 units projected to be delivered in 2026 only represent 2.3% of the current inventory in the submarket.
Unmatched Connectivity and Access. Waterford Place benefits from unparalleled connectivity to Piedmont Triad International Airport and regional employment hubs. The Property is conveniently located with respect to employment centers and major roadways of the Greensboro MSA.
Value Enhancement Opportunities. The Property presents immediate upside through targeted value-add initiatives including 33 full unit upgrades, 122 partial upgrades, Smart Package and Valet Trash programs, and strategic positioning by BH Management's proprietary MINT® leasing platform.
Unique, Differentiated Floorplans. The Property is a differentiated, low-density asset featuring large floor plans with sunrooms (average 1,155 SF), a complete amenity package, and limited nearby competition, positioning it for potentially sustained operational performance.
JetZero: Largest Employment Announcement in North Carolina History. Aircraft manufacturer, JetZero, selected Piedmont Triad International Airport for its $4.7 billion manufacturing site, the largest employment announcement in North Carolina history, which is expected to add over 14,500 new jobs. These jobs are expected to pay an average wage of $89,340 or 48% more than Guilford County's current average.
Toyota's $20 Billion EV Battery Manufacturing Expansion; Adding Over 5,000 Additional Jobs. Toyota's battery manufacturing plant in nearby Liberty, North Carolina recently announced the largest economic development in North Carolina's history representing over $20 billion total investment and over 5,100 new jobs expected. This investment is Toyota's largest investment in North America and will support the manufacturing of 30 GWh of battery capacity per year, enough to power up to 800,000 vehicles annually.
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
Multifamily
Location
Greensboro, NC
Year Built
1997
Occupancy Rate
90%
Please refer to the NexPoint Waterford DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
NexPoint Real Estate Advisors IV, L.P.
NexPoint Real Estate Advisors IV, L.P. ("NexPoint Real Estate Advisors") is the sponsor of this Offering. NexPoint Real Estate Advisors is an affiliate of NexPoint Advisors, L.P. (together with NexPoint Real Estate Advisors, "NexPoint"). NexPoint is a leading alternative investment platform that provides differentiated access to alternatives through a range of investment offerings, including publicly traded real estate investment trusts ("REITs"), real estate private placements, Section 1031 Exchanges, closed-end funds, interval funds, and a business development company ("BDC"). NexPoint is based in Dallas, Texas. NexPoint and its affiliates had approximately $15.97 billion in fee-earning assets under management as of December 31, 2025, and have completed over $21.9 billion in gross real estate acquisitions since the beginning of 2012.
Since NexPoint's inception in 2012, the NexPoint platform has acquired $21.9 billion of gross real estate assets across several real estate sectors, including multifamily, single-family rental, self-storage, hospitality, office, industrial, retail, and life sciences. As of December 31, 2025, the NexPoint platform advises or sponsors $15.97 billion of fee-earning real estate assets in various vehicles, including publicly traded REITs, closed-end funds, and private placements. As of December 31, 2025, the NexPoint platform has achieved a gross IRR of 25.1% and a multiple of capital contributed of 1.78x through 82 realized investments.
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 .
High Barriers to Entry with Limited Future Supply. Deliveries in North Greensboro has increased after falling to zero in 2023. The submarket is likely to reach its peak in deliveries in 2026. The 454 units projected to be delivered in 2026 only represent 2.3% of the current inventory in the submarket.
Unmatched Connectivity and Access. Waterford Place benefits from unparalleled connectivity to Piedmont Triad International Airport and regional employment hubs. The Property is conveniently located with respect to employment centers and major roadways of the Greensboro MSA.
Value Enhancement Opportunities. The Property presents immediate upside through targeted value-add initiatives including 33 full unit upgrades, 122 partial upgrades, Smart Package and Valet Trash programs, and strategic positioning by BH Management's proprietary MINT® leasing platform.
Unique, Differentiated Floorplans. The Property is a differentiated, low-density asset featuring large floor plans with sunrooms (average 1,155 SF), a complete amenity package, and limited nearby competition, positioning it for potentially sustained operational performance.
JetZero: Largest Employment Announcement in North Carolina History. Aircraft manufacturer, JetZero, selected Piedmont Triad International Airport for its $4.7 billion manufacturing site, the largest employment announcement in North Carolina history, which is expected to add over 14,500 new jobs. These jobs are expected to pay an average wage of $89,340 or 48% more than Guilford County's current average.
Toyota's $20 Billion EV Battery Manufacturing Expansion; Adding Over 5,000 Additional Jobs. Toyota's battery manufacturing plant in nearby Liberty, North Carolina recently announced the largest economic development in North Carolina's history representing over $20 billion total investment and over 5,100 new jobs expected. This investment is Toyota's largest investment in North America and will support the manufacturing of 30 GWh of battery capacity per year, enough to power up to 800,000 vehicles annually.
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
Multifamily
Location
Greensboro, NC
Year Built
1997
Occupancy Rate
90%
Please refer to the NexPoint Waterford DST - Private Placement Memorandum for more details regarding distributions and risk factors of the investment.
NexPoint Real Estate Advisors IV, L.P.
NexPoint Real Estate Advisors IV, L.P. ("NexPoint Real Estate Advisors") is the sponsor of this Offering. NexPoint Real Estate Advisors is an affiliate of NexPoint Advisors, L.P. (together with NexPoint Real Estate Advisors, "NexPoint"). NexPoint is a leading alternative investment platform that provides differentiated access to alternatives through a range of investment offerings, including publicly traded real estate investment trusts ("REITs"), real estate private placements, Section 1031 Exchanges, closed-end funds, interval funds, and a business development company ("BDC"). NexPoint is based in Dallas, Texas. NexPoint and its affiliates had approximately $15.97 billion in fee-earning assets under management as of December 31, 2025, and have completed over $21.9 billion in gross real estate acquisitions since the beginning of 2012.
Since NexPoint's inception in 2012, the NexPoint platform has acquired $21.9 billion of gross real estate assets across several real estate sectors, including multifamily, single-family rental, self-storage, hospitality, office, industrial, retail, and life sciences. As of December 31, 2025, the NexPoint platform advises or sponsors $15.97 billion of fee-earning real estate assets in various vehicles, including publicly traded REITs, closed-end funds, and private placements. As of December 31, 2025, the NexPoint platform has achieved a gross IRR of 25.1% and a multiple of capital contributed of 1.78x through 82 realized investments.
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.
