Capital Square Acquires 200-Unit Lakeside on Riverwatch Apartment Community Located in Augusta Submarket of Martinez, Georgia
October 5, 2022
AUGUSTA, GA – Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced the acquisition of Lakeside on Riverwatch Apartments, a 200-unit garden-style multifamily community in the Augusta suburb of Martinez, Georgia.
“Lakeside on Riverwatch is located in an exceptional area, near the town ranked as the best place to live in the U.S. and the fourth fastest growing county in Georgia between 2010 to 2020,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “This is Capital Square’s sixty-second acquisition of a multifamily community for the DST/1031 program. Capital Square is bullish on multifamily investments like Lakeside on Riverwatch because they have the potential to provide both stable cash flow and appreciation for investors.”
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