CS1031 2000 West Creek Apartments, DST
New trophy apartment community constructed in 2018 with resort-style, best-in-class amenities:1
- Average tenant household income of $105,000 per year.
- 2019 Rammy Award Winner – Community of the Year2
- Five-year projected rent growth of 3.4% in the Richmond multifamily market3
- Located directly off Route 288 and proximate to Interstates 95, 64 and 295, with easy access to numerous employers
- High-end finishes: quartz countertops, stainless steel appliances, walk-in closets and wood-grain plank flooring
Sources: 1. The Sponsor | 2. Colliers International
Building the Future of Richmond™
Capital Square offers tax-advantaged investment opportunities in strategic areas throughout the Greater Richmond Region and Central Virginia. We invest and develop in gateway, secondary and tertiary markets, sponsoring investments with potential returns designed to satisfy investors’ specific goals.
Securities offered through WealthForge Securities, LLC, the managing broker-dealer for the CS1031 2000 West Creek 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.
- The Interests are not freely transferable by the Beneficial Owners.
- There are various risks associated with owning, financing, operating, and leasing commercial properties in Virginia.
- 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
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LocationRichmond, VA
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Overview
A newly constructed, Class A+ multifamily community