CS1031 The Falls at Ormond Park MHC, DST

1031 Exchange & DST

The Falls at Ormond Beach (The Falls) is a well-maintained and well-occupied asset with upside potential through increasing rental rates that are currently below market rate.

Situated in the City of Ormond Beach, within the Deltona-Daytona Beach-Ormond Beach Metropolitan Statistical Area, which has a population of more than 668,000 residents.¹ Historical occupancy rate of 100% has been maintained at The Falls for more than ten years, providing long-term stability. Previous private operator generated and maintained high occupancy for this well-run, quality asset, but has not kept pace with the top-of-market rent rates. Homesite rents at the property are approximately $225 per month lower than the top-of-market rates. Newly available homesites will be set at the monthly market rate.

The property is well-located less than four miles from the Intracoastal Waterway and less than five miles from the coast. U.S. Highway 1 and Interstate 95 are within three miles of The Falls, granting residents convenient access to local and regional employment and entertainment options as well as points of interest.

Source: 1. https://censusreporter.org/profiles/31000US19660-deltona-daytona-beach-ormond-beach-fl-metro-area/

Contact your financial advisor for more information and up-to-the-minute details on this offering.

Securities offered through WealthForge Securities, LLC, the managing broker-dealer for the CS1031 The Falls at Ormond Beach MHC, DST offering and member FINRA/SIPC. Capital Square and WealthForge are not affiliated.

Consider the Risks: An investment in the Interests involves substantial investment and tax risks, including, without limitation, the following risks:

Past performance is not a guarantee of future results.
The economic success of the Interests will depend upon the results of operations of the Property. Fluctuations in vacancy rates, rent schedules, and operating expenses can adversely affect operating results or render the sale or refinancing of the Property difficult or unattractive.
The Master Tenant’s capitalization is supported solely by the cash flow from the underlying tenant lease. The Sponsor is not under any obligation to contribute capital to the Master Tenant.
No assurance can be given that future cash flow will be sufficient to make the debt service payments on any borrowed funds and also cover capital expenditures or operating expenses.
No assurance can be given that Beneficial Owners of Interests will realize a substantial return (if any) on their investment or that they will not lose their entire investment in the Trust.
The Interests are not freely transferable by the Beneficial Owners.
There are various risks associated with owning, financing, operating, and leasing commercial properties in Florida.
The Interests do not represent a diversified investment.
Beneficial Owners must completely rely on the Master Tenant to collect the rent and operate, manage, lease, and maintain the Property.
The Beneficial Owners have no voting rights with respect to the management or operations of the Trust or in connection with the sale of the property.
There are various conflicts of interest among the Trust, the Sponsor, the Signatory Trustee, and their Affiliates.
The Interests are illiquid.
There are tax risks associated with an investment in the Interests.
There are risks related to competition from properties similar to and near the property.
There may be environmental risks related to the property.