Bluerock Value Exchange (BVEX), a 20-year, national sponsor of 1031 exchange and Delaware Statutory Trust (DST) investment programs, has announced the launch of its latest 1031 exchange/DST offering known as BR Churchill Downs, DST, which is seeking to raise approximately $37.8 million from accredited investors. The Churchill Downs multifamily offering represents BVEX’s 42nd individual DST program.
Churchill Downs is an investment opportunity in a low-density, direct-entry townhome and garden-style apartment community located in the Pinehurst, N.C., metro. The DST seeks to provide investors with monthly cash flow, the potential for appreciation driven by strong economic and population growth in the region, as well as the opportunity to significantly grow rental income through a targeted unit value-add and upgrade program.
“We believe this is a very timely and favorable entry point for investing in apartments. The sector is poised to greatly benefit with forecasted
