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| Louis Rogers |
TAMPA, FL – Capital Square
Realty Advisors, LLC announced its Delaware statutory trust offering, CSRA
Candleglow Apartments, DST, comprised of Candleglow
Apartments, a 152-unit multifamily community near Tampa, Florida, has been
fully subscribed by investors.
“Candleglow Apartments is
nearly 100 percent occupied with a waiting list, which bodes well for future
growth in rental income,” said Louis
Rogers, founder and chief executive officer of Capital Square Realty
Advisors.
“Capital Square is bullish
on multifamily properties like Candleglow Apartments that have the potential
for immediate income growth and do not require substantial renovations. Finding
a solid apartment community at a reasonable price in good condition is like
finding a needle in a haystack.”
Rogers adds, “This is Capital
Square’s 16th DST to be fully subscribed since inception in late 2012 and we
look forward to continuing to provide investors with high quality real estate
properties from different asset classes as we grow the DST platform.”
Candleglow Apartments,
located at 1071 Candlelight Blvd. in Brooksville (greater Tampa area), is a
garden-style community with 10 residential two-story buildings and a
single-story clubhouse.
For a complete
copy of the company’s news release, please contact:
Julie Leber
Spotlight Marketing
Communications
949.427.5172, ext.
703
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