CX Multifamily Portfolio, DST – Station at Brighton
1031 Exchange/DST
A 304-unit garden-style multifamily complex located in Grovetown, GA, part of the Augusta-
Richmond County MSA. The property was built in 2020 and encompasses 23.57 acres and provides proximity to Augusta’s primary employment centers, universities, and points of interest.
The Augusta-Richmond County MSA features over 1,500 acres of parkland, including hiking and biking trails, a scenic riverwalk along the Savannah River, community centers, senior centers, athletic fields, tennis courts, aquatic centers, dog parks, and more. Entertainment in Augusta includes the Imperial Theatre, the Morris Museum of Art, and the Riverwatch Brewery, to name a few.
In 2019, the largest employment sector was government, which employed 19% of the market with 45,900 jobs. With area construction, investment, and expansion of companies and institutions such as Amazon, Club Car, the Army Cyber Command Complex, and Plant Vogtle, the types of occupations expected to grow are diverse and are expected to attract a variety of talents, skill-levels, and pay grades in the customer service, logistics, manufacturing, nuclear science, technology, and cybersecurity fields.
The cost of living in the Augusta-Richmond County MSA is attractive to new residents, particularly because housing costs are approximately 39% below the national average, and the cost of living is about 18% below the national average.
Grovetown has been celebrated for its unique accolades; according to WalletHub, Grovetown is one of the “Best Places in Georgia to Raise a Family,” topping the list in best “Education, Health, & Safety,” fourth best for “Family Life and Fun,” and ranking 21st in affordability, out of more than 100 locales in the state.
Grovetown is home to a large renter population with 44.1% of all households renting, which is
higher than both Columbia County (20.5%) and the Augusta-Richmond County MSA overall (33%). The median monthly cost of renting a home in Grovetown is 30.7% cheaper than the monthly cost of a mortgage in Columbia County.
Company
Carter Exchange
Location
Grovetown, GA
Overview
Located in Grovetown, GA, Station at Brighton consists of 304 apartment homes with 1-, 2-, and 3-bedroom floorplans It’s centrally located and provides convenient access to major employers in the Augusta area and a vibrant downtown.
This offering is closed to new subscriptions. Please contact your financial advisor for more information.
*Welcome to Parks & Recreation, Augusta Georgia, https://www.augustaga.gov/2769/Parks-Recreation
Things to do in Augusta, TripAdvisor, https://www.tripadvisor.com/Attractions-g29212-Activities-Augusta_Georgia.html
Pace of Employment Gain – Augusta-Richmond County, GA-SC: 1990-2020, Axiometrics
**“Best places to live in Georgia for families,” WalletHub, 3 October 2018, https://wallethub.com/edu/best-places-to-raise-a-family-in-georgia/25039
U.S. Census QuickFacts 2019, https://www.census.gov/quickfacts/fact/table/columbiacountygeorgia,grovetowncitygeorgia/PST045219
U.S. Bureau of Labor Statistics, Number of Establishments in Total, 2019: Augusta-Richmond County, GA-SC MSA
There are risks associated with participating in the offering. An investment in the Trust is speculative and illiquid, and involves significant risks, including the possibility of losing all invested capital. This material does not constitute an offer to buy or sell any securities and is authorized for use only when accompanied by the Confidential Private Placement Memorandum of CX Multifamily Portfolio, DST (the “Memorandum”). Reference is made to the Memorandum for a statement of risks and terms of the CX Multifamily Portfolio, DST offering and qualifications and assumptions regarding forward-looking information. The information set forth herein is qualified in its entirety by the Memorandum. No person will be permitted to invest without acknowledging that they received the memorandum and completed their review including, but not limited to, the risk factors contained therein. Securities are being offered through Orchard Securities, LLC, member FINRA/SIPC. Orchard Securities and Carter Exchange are not affiliated