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Capital Square 1031 Buys Mixed-Use Multifamily Property in Jacksonville for DST Offering

January 26, 2022

January 26, 2022

Capital Square 1031, a sponsor of Delaware statutory trust offerings, has purchased a 10-story, luxury, mixed-use, Class A multifamily property in Jacksonville, Florida.

The community was purchased on behalf of CS1031 Vista Brooklyn Apartments DST, a private placement offering that seeks to raise $63.7 million in equity from accredited investors and has a minimum investment of $50,000.

Located at 200 Riverside Ave., Vista Brooklyn includes 308 units and 12,685 square feet of ground-floor retail space. Completed in 2021, the community is one mile from downtown Jacksonville on the banks of the St. Johns River within the Brooklyn/Riverside submarket.

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