Home News Capital Square Completes DST Offering of Multifamily Community in Athens, Georgia

Capital Square Completes DST Offering of Multifamily Community in Athens, Georgia

Capital Square 1031, a sponsor of Delaware statutory trust investments, announced that its offering, CS1031 High Ridge Apartments, DST, comprised of a 160-unit multifamily community in Athens, Georgia, has been fully subscribed by a total of 33 investors.

Capital Square 1031, a sponsor of Delaware statutory trust investments, announced that its offering, CS1031 High Ridge Apartments, DST, comprised of a 160-unit multifamily community in Athens, Georgia, has been fully subscribed by a total of 33 investors.

“High Ridge Apartments is located in a strong multifamily rental market in Athens, Georgia,” said Louis Rogers, founder and chief executive officer. “With numerous amenities and excellent fundamentals, this multifamily offering aligns well with our strategy of providing investors high-quality, passive investments with a potential for long-term growth.”

Situated on 18 acres of land, High Ridge Apartments is comprised of 11 two- and three-story residential apartment buildings consisting of one-two- and three-bedroom units, with an average size of 1,228 square feet.