Capital Square, a real estate firm focused on tax-advantaged real estate investments and a developer of multifamily communities, has bought Brighton Woodstock, a build-for-rent, 100-unit townhome community in the Atlanta suburb of Acworth, Ga.
The single-family residential community includes open floorplans averaging 1,480 square feet. The community was acquired on behalf of CS1031 Brighton Woodstock BFR Housing DST, which looks to raise $22.5 million in equity from accredited investors and has a minimum investment requirement of $50,000.
“This property is particularly appealing from an investment perspective due to its location in Atlanta’s least supplied north suburban market, which enjoys the most attractive rent-growth projections in the metropolitan region,” comments Whitson Huffman, co-chief executive officer.