NuCare Blaine DST

Located in Blaine, Minnesota, this 2005-built community spans 20,435 square feet and includes 31 units.

Overview

NuCare Blaine is a Delaware Statutory Trust (DST) offering consisting of an assisted living and memory care community located at 10669 Ulysses St NE, Blaine, Minnesota, within the Minneapolis–St. Paul metropolitan area. The property was constructed in 2005 and comprises approximately 20,435 square feet with 31 residential units. The asset is situated in an established suburban market with access to nearby healthcare providers, retail services, and regional transportation routes. This offering is structured to provide accredited investors with the opportunity to acquire a beneficial interest in a senior housing real estate asset through a passive ownership structure. Interests are offered pursuant to definitive offering documents, which include additional information regarding risks, terms, and investor qualifications.

Terms

Total Offering
$6,229,886
Equity
$3,529,886
Debt
$2,700,000
LTV
43.34%
Address
10669 Ulysses St
Market
Blaine, MN
Year Built
2005
SQFT
20,435 SF
Tenant
CH BL1 LLC
Lease Commencement
11/14/2025
Lease Expiration
10/31/2040
Purchase Option
10/31/2029

Location

Blaine, Minnesota is a suburban community located approximately 11 miles north of downtown Minneapolis. The city features a mix of residential neighborhoods, parks, and recreational amenities, including the National Sports Center, and offers convenient access to the Twin Cities via major highways.

Blaine is home to a diverse population and includes public schools, retail and dining options, and community amenities. The area has experienced population growth along with ongoing residential and commercial development.

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