CS1031 2000 West Creek Apartments, DST was a Capital Square-sponsored multifamily DST that owned a 373-unit Class A community in Richmond, Virginia. The program completed its full-cycle exit in July 2026 when the underlying property was sold for $115 million.
The investment is a private Delaware Statutory Trust interest rather than a publicly traded security. Potential liquidity before a sponsor-led exit depends on the specific trust documents, property performance, financing, distributions, transfer restrictions, purchaser qualifications, remaining holding period, and buyer demand.
Capital Square
Delaware Statutory Trust / Multifamily
$115 Million Property Sale
373 Units / Richmond, VA
Full Cycle / Archived
Completed Sponsor-Led Liquidity Event
Capital Square announced the sale on July 16, 2026 and identified the transaction as its 47th completed full-cycle DST program since 2018.
The sponsor reported a 137% total return to investors over a nearly seven-year holding period and more than $17.5 million in distributions. Historical performance should not be interpreted as indicative of future results.
Capital Square acquired 2000 West Creek in October 2019 for $103 million. The community included 357 apartment units and 16 townhome units, totaling 373 residences and approximately 373,251 square feet on about 23 acres.
The property was located at 2000 Broad Branch Circle in Richmond, adjacent to West Creek Business Park.
For secondary-market purposes, potential buyers may review occupancy, rents, resident demand, operating expenses, capital requirements, local supply, insurance, property taxes, debt service, and the expected path to a sponsor-led exit.
Alternative Investment Liquidity evaluates certain 2000 West Creek Apartments DST interests for potential direct private purchase or other secondary-market liquidity.
Potential Direct Private Purchase
Baron De Biltmore LLC
Program Completed — Historical Research
Determined By Position Review
Property, Debt, Income, Exit Timing & Transferability
Subject To Documentation Review
Any potential purchase indication is separate from the investor's original investment amount, tax basis, account statement value, sponsor-related valuation reference, or projected future proceeds.
Any offer represents the amount a purchaser is willing to pay under the applicable terms and should not be interpreted as an independent appraisal or determination of underlying fair value.
Potentially. A transfer depends on the governing trust documents and applicable sponsor, trustee, lender, purchaser-qualification, ownership, and assignment requirements.
Positions held in an IRA, trust, estate, LLC, partnership, corporation, or other entity may require additional documentation establishing ownership and authority to complete a transaction.
Legal transferability does not mean that a ready purchaser or continuous secondary market exists.
Capital Square DST interests are commonly used as replacement property in Section 1031 exchanges. A later private sale or transfer may have tax consequences that differ materially from the original exchange.
Potential considerations may include deferred gain, depreciation recapture, debt allocation, future exchange planning, and timing relative to a sponsor-led disposition.
Alternative Investment Liquidity does not provide tax, legal, investment, accounting, or valuation advice. Investors should consult qualified professionals regarding their circumstances.
This program has already completed its sponsor-led liquidity event. The page is maintained as historical research rather than as an indication that outstanding interests remain available for purchase.
The DST secondary market does not operate like a national securities exchange. There is generally no continuously quoted price, centralized order book, or guarantee that a buyer will be available.
Potential pricing may reflect property performance, distributions, debt, remaining hold period, transfer requirements, execution risk, and current buyer demand.
Learn more about the DST secondary market.
Occupancy, effective rents, resident demand, operating expenses, capital requirements, and local market conditions can affect buyer expectations.
Because the underlying property has been sold and the program completed full cycle, current debt analysis is no longer relevant to an ongoing secondary-market valuation.
Current and historical distributions may be relevant, but should be evaluated with property cash flow, reserves, debt service, and future capital requirements.
A position believed to be closer to a sponsor-led disposition may be evaluated differently from one expected to remain outstanding for several additional years.
Sponsor procedures, purchaser qualifications, documentation, position size, execution risk, and current private-market demand can influence marketability and pricing.
A recent investor or account statement identifying the exact DST and current ownership amount is generally the best starting point.
Alternative Investment Liquidity reviews 2000 West Creek Apartments DST positions for investors seeking information about potential liquidity, transferability, valuation considerations, current buyer interest, and possible direct purchase opportunities.
For eligible positions, AIL may be able to facilitate a direct private purchase through Baron De Biltmore LLC or evaluate another potential secondary-market liquidity pathway.
Request a Confidential Investment Review for a 2000 West Creek Apartments DST position.
Research is based primarily on Capital Square's July 16, 2026 full-cycle announcement and its historical 2000 West Creek Apartments DST offering materials.
Program terms, property information, distributions, financing, transfer procedures, and other investment details may change after the applicable reporting date. Investors should review the current governing documents and sponsor communications for the specific DST.
Secondary market interest depends on more than asset type. AIL evaluates each position based on investment structure, transferability, documentation, and current market conditions.
Ownership type, sponsor requirements, investment terms, and underlying asset characteristics all influence review.
Some positions may be subject to transfer restrictions, approval requirements, or limitations within governing documents.
Offering materials, account records, ownership documents, and sponsor information help determine whether review can proceed.
Potential liquidity depends on current buyer interest, asset category, pricing expectations, and transaction feasibility.
Every opportunity is reviewed individually. Our process is designed to provide clarity regarding transferability, marketability, and potential liquidity pathways before any transaction decisions are made.
Provide basic details regarding the investment position, ownership structure, and available documentation.
AIL evaluates the investment type, transfer restrictions, sponsor requirements, and available transfer pathways.
We determine whether a secondary market opportunity may exist based on current investor demand and transaction activity.
If a viable pathway exists, we discuss potential next steps, timing considerations, and transaction requirements.
Submit basic information for a confidential review. Opportunities are evaluated individually based on investment structure, available documentation, transferability, and potential market interest.
REQUEST CONFIDENTIAL REVIEW