CS1031 Canopy Apartments
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
All-cash investment in a Class B multifamily complex in the San Antonio MSA. The offering is debt-free, sized for investors seeking to place equity from a low-leverage or paid-off relinquished property without taking on new financing at the replacement.
Key metrics
- Year 1 Cash Flow
- 5.65%
- Year 1 Cap Rate
- —
- Investor Purchase Price
- —
- Year 1 DSCR
- —
- Hold Period DSCR
- —
Debt structure
- Loan Amount
- —
- Lender
- —
- Program
- —
- Interest Rate
- —
- LTV
- 0.00%
- Term
- —
- Interest Only
- —
- Amortization
- —
Market analysis
- Growth Rate
- San Antonio has ranked among the top US markets for population and employment growth in recent years.
Principal risks
- R01San Antonio multifamily has seen elevated new-construction deliveries that may pressure rent growth and occupancy.
- R02Class B vintage assets typically carry larger ongoing capex than newer Class A product, which can compress distributable cash.
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 CS1031 Canopy Apartments
This offering is fully subscribed and shown for illustration. A coordinator can introduce current offerings with a similar profile to accredited investors.