Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of residential communities, announced today that Bellmead Farms, a 316-unit apartment complex in Leesburg, Virginia, – Announced the sale of apartments. The property is owned by the Delaware Statutory Trust (DST) investor group sponsored by Capital Square, which realized a total return of 136.42%, or an annualized return of 6.47%, from 1,031 currency investments. *
Since 2018, Capital Square has completed 31 full-cycle DST offerings, resulting in an average total return of 168.45% and an average internal rate of return of 12.95%. **
“This is another successful DST real estate sale,” said Louis Rogers, founder and co-chief executive officer of Capital Square. “Capital Square has a 12-year proven track record of providing stable returns and appreciation to DST investors.”
Bellemeade Farms, located at 775 Gateway Drive SE, consists of 12 residential buildings and a clubhouse with rental offices. This community includes efficiently designed one- and two-bedroom floor plans ranging in size from 583 square feet to 954 square feet. Community amenities include a resort-style pool, outdoor grill and entertainment area, resident lounge, club room, dog park and spa, tennis court, 24-hour fitness center with cardio studio, and rentable gardens.
The community, located on 15.74 acres of land, was built in 1988 and has seen $2 million invested in maintenance, landscaping and common areas over the past three years under prior institutional ownership.
“With their investment in DST, Capital Square investors have secured ownership of a large manufactured housing complex in one of the wealthiest counties with significant population growth and a top school district.” said Whitson Huffman, Managing Director. “After five years of sponsoring and managing this investment product, we are pleased to continue our successful track record and once again deliver compelling results to our investors by implementing this full-cycle DST. ”
Since its founding in 2012, Capital Square has served more than 6,500 investors seeking quality alternative properties eligible for tax deferral under Section 1031 of the Internal Revenue Code and others seeking stable cash flow and capital growth. has acquired over 170 real estate assets for investors in
About Capital Square
Capital Square is a vertically integrated company specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exemption, and real estate investment trusts (REITs). is a national real estate company. The company is also an active developer and manager of multifamily communities. Since 2012, Capital Square has generated more than $7.9 billion in transaction volume. Capital Square’s mixed-use development projects total more than 2,000 apartments with a total development cost of more than $800 million, and the company’s property management division, Capital Square Living, currently has more than 7,000 apartments in multiple states. is managed. Capital Square’s affiliates provide a wide range of services, including due diligence, acquisitions, loan sourcing, real estate/asset management and dispositions, to a growing number of high-net-worth investors, private equity firms, family offices, and institutional investors. Masu. The company has been recognized by the Inc. 5000 as one of America’s fastest growing companies for eight consecutive years. For more information, please visit CapitalSq.com.
