#United States #Miami Gardens #Capital Square #Build-for-Rent

Capital Square's Latest DST Offering

Capital Square, a prominent player in tax-advantaged real estate investments, has unveiled a new opportunity for accredited investors with the launch of CS1031 The Villages at Miami Gardens. This offering centers around a 50-unit build-for-rent townhome community located in the sought-after suburb of Miami Gardens, Florida, just a stone's throw away from the iconic Hard Rock Stadium.

With a minimum investment set at $50,000, The Villages aims to attract equity from investors seeking quality real estate options under Section 1031 for tax deferral. Louis Rogers, the founder and co-CEO of Capital Square, highlighted the community’s debt structure as particularly appealing, as it is approximately 54% financed, which is ideal for those needing debt for their exchanges.

Located at 3400 NW 191st Street, this attractive development boasts a 98% occupancy rate and features spacious three- and four-bedroom townhomes designed with high-end finishes. Each unit showcases porcelain and vinyl flooring, stainless steel appliances, modern white quartz countertops, and elegant European cabinetry. Homeowners also benefit from in-unit stackable washers and dryers, central air conditioning, and generous ceiling heights of 8.5 feet. Additionally, residents can enjoy private balconies, fenced backyards, and two-car driveways, with extra street parking for guests.

Accessibility is key in this project, with the community located just two miles from Florida's Turnpike and three miles from the Golden Glades Tri-Rail Station, making commuting a breeze. The proximity to Hard Rock Stadium—a venue for not just football but also major events like the Formula 1 racing and Miami Open Tennis tournament—further enhances its desirability. Moreover, the development is less than a mile from the Miami Gardens City Center, a sprawling $400 million mixed-use retail project currently under construction.

This location benefits significantly from its surroundings, being within a short drive of over 935,000 jobs across vital sectors like healthcare and higher education. Notable employers in the area include Baptist Health, University of Miami, Jackson Health, and American Airlines, all contributing to a strong job market that attracts new residents.

Whitson Huffman, co-CEO and chief investment officer at Capital Square, emphasized the unique market dynamics of Miami-Dade for build-for-rent housing, noting that The Villages represents one of only seven new such communities delivered since 2021. With Miami's metro population growing by 9.5% over the last decade, coupled with substantial foreign investments and corporation relocations to the area, the demand for rental properties continues to rise.

The property operates under a fixed-rate ten-year loan, organized by the experienced Team Tapley at Walker & Dunlop. Since its inception in 2012, Capital Square has acquired over 175 properties valued at approximately $7.9 billion, providing solid investment opportunities for more than 6,500 investors seeking stable cash flow through tax-deferral strategies.

As the market for build-to-rent housing in Miami remains highly competitive yet under-supplied, Capital Square’s latest offering stands to deliver long-term value for investors. With its strategic location, quality construction, and alignment with market demand, The Villages at Miami Gardens showcases the growing trend toward intentional, quality rental housing solutions in the heart of South Florida.