Capital Square CS1031 Richmond Active Living Apartments DST

VA

Property Type

Senior Living

Assumable Loan

53.99% LTV

Current Yield

4.50% (net)

Distributions

Monthly

Estimated Hold Period

7-10 Years

721 Exchange (UPREIT)

Optional

Capital Square CS1031 Richmond Active Living Apartments DST

Investment Highlights

  • Everleigh Short Pump is a Class A, active adult 55+ age-restricted community composed of one-, two-, and three-bedroom units with nine-foot ceilings and kitchen islands, located within the greater Richmond MSA.

  • The property is currently 95.7% occupied and has averaged approximately 96.3% occupancy over the previous two years.

  • The management team reports an extremely high 83% retention rate. Many residents who moved in when the project opened are still in occupancy.

  • Active adult communities are known to benefit from a stable resident base, providing more dependable rental income.

  • Capital Square: $6.2 billion+ assets under management, 120+ team members, 135+ sponsored investment offerings