CS1031 The Quincy Apartments, DST
The Quincy is a Class A+, 339-unit apartment community located in Acworth, Georgia, near the neighboring town of Woodstock in Cherokee County within Metro Atlanta. Completed in 2021, the property is in the Atlanta-Sandy Springs-Roswell, GA Metropolitan Statistical Area (MSA), with convenient access to numerous recreational opportunities and retail services.
The property’s initial lease-up was completed in only eight months, demonstrating strong demand for the property. The property offers one-, two- and three-bedroom floorplans, with an average unit size of 1,023 square feet. All units feature luxury interior finishes and modern appliances.
The proximity to Interstate 575 and its new express lanes allows for quicker commutes throughout Metro Atlanta. The Quincy is approximately 19 miles from the 28 million-square-foot Cumberland/Galleria office submarket, home to the headquarters of Home Depot, Comcast, HD Supply, Genuine Parts and Synovus Financial.
*“Tax-Advantaged” refers to any type of investment that is either exempt from taxation, tax-deferred, or that offers other types of tax benefits. Capital Square is a national sponsor of investment opportunities that can provide such benefits via our 1031 exchange and opportunity zone offerings, among others. Securities offered through WealthForge Securities, LLC, the managing broker-dealer for the CS1031 The Quincy Apartments, 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.
- There are various risks associated with owning, financing, operating and leasing commercial properties in Georgia.
- The Interests are not freely transferable by the Beneficial Owners
- 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.
- Private Placements are speculative.
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LocationAcworth (Metro Atlanta), GA
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Overview
A 339-unit Class A+ apartment community located in Acworth, Georgia, near the neighboring town of Woodstock in Cherokee County, within metro Atlanta