Capital Square Buys Multifamily Portfolio in Asheville, North Carolina for DST Offering

September 9, 2022

Capital Square, a sponsor of tax-advantaged real estate investments, has purchased the Asheville NC Apartment Portfolio, a two-property multifamily portfolio comprised of a total of 305 apartment homes in Asheville, North Carolina.

The portfolio was acquired on behalf of CS1031 Asheville NC Apartment Portfolio DST, a Delaware statutory trust offering that seeks to raise $73.1 million in equity from accredited investors with a minimum investment requirement of $50,000.

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