RE · REAL ESTATE

CS1031 Sidbury Station BFR Housing, DST

Capital Square · 1031 DST, Build-for-Rent Single-Family

Program Overview

1031 DST, Build-for-Rent Single-Family

Peer Group Filters

Objectives: IncomeCapital AppreciationTax AdvantagedDiversification
Asset Class: Real Estate
Vehicle: DST
Single / Multi Asset: Single-Asset

Sponsor/Manager

Capital Square

Asset Class

Real Estate

Issuer

CS1031 Sidbury Station BFR Housing, DST

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Finite

Program Status

Active

Securities Offered

Equity - Beneficial Interests

Program Hold Period

~10 years

Strategy Risk/Return Profile

Core Plus

Managing Broker-Dealer

WealthForge Securities, LLC

Scale

113 units Single-family rental homes · ~21 acres · 452 spaces · 1 properties

Tax Opinion

“Should” Level 1031 exchange eligibility · subject to stated assumptions

Target Offering

$22,900,000

Minimum Investment

$50,000

Strategy Overview

The Trust owns Sidbury Station, a 113-home Class A build-for-rent single-family community completed in 2023 by D.R. Horton in Castle Hayne, North Carolina (Wilmington MSA), acquired 7/22/2024 for $39,324,000. The Property is master leased to a Sponsor-affiliated Master Tenant and managed on site by a Greystar affiliate. The business plan is a light value-add program, adding fenced yards to 42 homes to capture rent premiums, with an anticipated ten-year hold and an exit by sale or an optional 721 UPREIT Contribution into a Sponsor-affiliated REIT. Investors receive monthly distributions from Annual Rent plus annual Bonus Rent.

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