1031 Crowdfunding (1031CF), has acquired a new assisted living and memory care facility to its suite of offerings for investors. The 1031CF Portfolio 2 DST includes a 154 bed/unit portfolio in Columbus and Leesburg, Georgia through its affiliate 1031 CF Properties, LLC. Offering a current cash flow return of 5.75%, the DST seeks to provide investors with monthly cash distribution and potential upside appreciation.*

Available to investors as of April 1, 2022, the offering has gained interest from investors in light of the growing appetite for real estate investing options. The Southeast U.S. continues to be a target for investment opportunities, and Georgia is a top five state in which Americans are migrating with over 285,000 people moving annually.

“Georgia’s growing popularity for relocation makes it an attractive investment opportunity,” explains Edward Fernandez, CEO and president of 1031 Crowdfunding. “And as the population ages, memory care and assisted living facilities are essential. This, combined with continued investor interest in real estate offerings, made this an attractive addition to our suite of DST investment options. We’re excited for what our partnership with Oaks Senior Living will offer investors.”

The facilities have a combined occupancy of 91% and are operated by Oaks Senior Living, LLC and the portfolio seeks to raise $24.15 million in equity from accredited investors with a minimum investment of $25,000.

Completed in 2018 and 2019, Oaks at Oakland Plantation and Oaks at Grove Park include two buildings over 16 acres with six hospitals within a 25 mile radius of the locations.

1031 Crowdfunding works with investors looking to reposition their real estate investment holdings in a tax-friendly manner and specializes in Delaware Statutory Trust (DST) offerings. Since its inception, the company has helped investors complete over 1,500 1031 exchanges.

Oaks Senior Living, LLC, is headquartered in Alpharetta, GA, and has over 25 years of experience in the development and/or operation of 38 senior living developments across Georgia and South Carolina.