Capital Square Launches All-Cash DST Offering of Two Active-Adult Communities in Texas
Capital Square, a leading sponsor of tax-advantaged real estate investments and a national developer and manager of housing communities, today announced the launch of CS1031 Texas Active Living Portfolio II, DST. Capital Square seeks to raise equity from accredited investors for its latest sponsored Delaware statutory trust offering, structured as an all-cash acquisition with no mortgage debt.
Investors receive ownership interests in two cottage-style, active-adult living communities located in Kerrville and Round Rock, suburbs of San Antonio and Austin, respectively.
“Texas continues to be one of the strongest markets in the country for active-adult housing. These communities exemplify the quality, location and demand profile we look for in active adult investments,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “Both properties are fully occupied with waitlists, generate stable cash flow with no debt service, and offer investors a tax-advantaged way to participate in one of the most resilient segments of the housing market.”
Located at 1501 Bandera Highway, in Kerrville, the Emerald Cottages of Kerrville community includes 32 single-story homes purpose-built with ADA-accessible floor plans, including step-free entries, wide doorways and walk-in showers. Interior finishes include upgraded flooring, granite countertops, custom cabinets with tile backsplashes, stainless steel appliances, large walk-in closets and additional storage throughout. Immediately adjacent amenities include a paved walking path in a natural setting as well as access to the Riverhill Country Club and Golf Course directly across the street, a premium setting for active-adult residents. The Kerrville VA Medical Center, a major provider of primary and specialty healthcare services in the area, is located within a five-minute drive of the property.
