Capital Square 1031, a leading Delaware legal trust (DST) bid for Section 1031 transactions with other authorized investors, announced today the acquisition of a 10-story, affordable, mixed, Class A multifamily community in Jacksonville, Florida. The community was found to represent CS1031 Vista Brooklyn Apartments, DST.

Located at 200 Riverside Ave., Vista Brooklyn it has 308 units and 12,685 square feet of basement. Completed in 2021, the village will be located a mile southwest of downtown Jacksonville on the banks of the St. Louis River. Johns and into Jacksonville’s historic and fast Brooklyn / Riverside supermarket, according to the Yardi Matrix.

The village offers one-, two- and three-bedroom rooms with high finishes, including fully equipped GE kitchens with four tables, cupboards, custom cabinets, a back of the lower kitchen, and more.

Community amenities include a rooftop beer garden, a rooftop pool with hot salt water and outdoor dining, a workshop with meeting facilities and TVs installed for machines, communications, an upstairs clubhouse, and a sports and outdoor area space, secure package delivery room, and cafeteria. Other extras include cycling, a meditation room with Soma dome meditation capsules, an exercise area with Technogym equipment, spinning and Wellbeats on-demand training classes, a dog park, a pet room, and a courtyard with living rooms, dining rooms. , and outdoor games.

CS1031 Vista Brooklyn Apartments, DST seeks to raise $ 63.7 million in shares from the developers and has a minimum investment requirement of $ 50,000.

Since its inception in 2012, Capital Square has acquired 145 properties for more than 3,800 investors seeking good property replacements who qualify for a tax deferral under Section 1031 of the Internal Revenue Code. Code and other investors are looking for stable returns and investments.

About Capital Square

Capital Square is a national real estate company that specializes in real estate investment, including Delaware’s legal reliance on real estate. Section 1031 and funding of vacancies for break and exclusion. Since 2012, Capital Square has completed more than $ 4.2 billion in total transactions. Capital Square’s management team has many years of experience in real estate investing. Its founder, Louis Rogers, has planned hundreds of investments of more than $ 5 billion. Capital Square’s professional organizations provide a wide range of services, including due diligence, procurement, loan provisioning, property/asset management, and delivery, for four. Increase in the number of senior business owners, private companies, family offices, and professional organizations. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest-growing companies in the country for five consecutive years. Also, in 2021, the company was named 101st on the list of Inc. 5000 Washington D.C. Metro’s Fastest-Growing Private Companies. In 2017, 2018, and 2020, the company was also ranked in the list of fast-growing companies of Richmond BizSense. Capital Square was listed by Virginia Business in its 2019 and 2021 “Living in Virginia” reports and also in its 2019 and 2020 “Fantastic 50” reports.

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