CS 1031 California MOB 1
This is a sample of a Delaware Statutory Trust offering, drawn from a past offering that is already fully subscribed and shown here for illustration. DSTs are illiquid private placements offered under Reg D to accredited investors only. The figures below are sourced from the sponsor’s Private Placement Memorandum. Year-one cash-flow, cap-rate, and DSCR figures are projections, not guarantees. Loss of principal is possible.
About this offering
Capital Square Realty Advisors California MOB is an all-cash investment into one medical office building in Tehachapi, California. The tenant is SRS-Tehachapi, which operates a dialysis center.
Key metrics
- Year 1 Cash Flow
- 5.50%
- Year 1 Cap Rate
- 6.02%
- Investor Purchase Price
- $3.63M
- Year 1 DSCR
- —
- Hold Period DSCR
- —
Debt structure
- Loan Amount
- —
- Lender
- —
- Program
- —
- Interest Rate
- —
- LTV
- 0.00%
- Term
- —
- Interest Only
- —
- Amortization
- —
Specifications
- Occupancy
- 100.00%
- Strategy
- Newly constructed property with less likelihood of near-term upgrades.
Market analysis
- Population
- 21,000 within a 5-mile radius
Principal risks
- R01Occupied by a single non-investment-grade tenant.
- R02Cash flow is dependent on the success of this single tenant.
- R03Located in a remote area.
- R04The population in the 5-mile radius is only 21,000.
- R05Cash flow in years 1 through 4 is supported by upfront reserves.
- R06The investment's upfront load is very high (19.52%).
Property imagery
Capital Square Realty Advisors
According to the sponsor's website: "Capital Square 1031 is a national real estate investment and management company. The firm sponsors institutional-quality real estate exchange programs that qualify for tax deferral under Section 1031 of the Internal Revenue Code. Capital Square uses the Delaware Statutory Trust (DST) structure to make quality real estate available to a larger number of investors."
Explore current offerings like CS 1031 California MOB 1
This offering is fully subscribed and shown for illustration. A coordinator can introduce current offerings with a similar profile to accredited investors.