Top1031

Everleigh Short Pump

Multifamily property in Henrico, VA · sponsored by Capital Square

Sold outReported fully subscribed · latest Form D Jan 6, 2026 (opens in a new tab)

Everleigh Short Pump is a DST sponsored by Capital Square that owns a multifamily property in Henrico, VA (165 units). Its latest Form D, filed Jan 6, 2026, lists a $33.3 million offering with a $50,000 minimum.

Key facts

Minimum investment
$50,000
From the Form D
Offering size
$33,300,000
Equity offered, per the Form D
Sold so far
Not reported after the first Form D (Jan 6, 2026)
Form D, Jan 6, 2026
Selling commissions
$2,797,200 · 8.4% of offering
Form D Item 15; the % is our arithmetic
Financing
Leveraged. This offering reports mortgage debt on the property.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Can I still invest?

No new interests: the offering is reported fully subscribed.

Other Capital Square offerings on record

Availability changes without a filing. The sponsor or a registered representative can confirm what is open.

Looking for an offering like this one? A licensed 1031 specialist from our affiliated partner can talk through what is on record.

Ask a 1031 specialist about this recordFree. About: Everleigh Short Pump. Top1031 is not a broker-dealer.
Everleigh Short Pump image 1 of 2

Everleigh Short Pump · Henrico, VA · Photo: liveeverleigh.com

Location map12651 Three Chopt Rd, Henrico, VAAddress matched to a cited source

What does Everleigh Short Pump own?

The community sits in the Short Pump submarket of Henrico County, west of Richmond, and is restricted to residents aged 55 and older. 1 Capital Square's offering brochure gives December 17, 2025 as the acquisition date and reports about 96.3% average occupancy over the two years before the offering, with 83% resident retention credited to the management team. 1 The sponsor reported the property 95.7% occupied on December 29, 2025. 2

Property address
12651 Three Chopt Rd, Henrico, VA
Property size
165 units; 83 one-bedroom, 80 two-bedroom, and 2 three-bedroom homes averaging 1,001 square feet

How is it financed, and what did it cost to sell?

Capital Square's brochure describes a fixed-rate loan on the property with a ten-year term, six years of interest-only payments and a 30-year amortization schedule, so principal paydown begins only in the loan's later years. 1

Debt

Financing
Leveraged. This offering reports mortgage debt on the property.

Costs and terms from the Form D

Selling commissions
$2,797,200 · 8.4% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$1,710,790 · 5.1% of offering
Form D Item 16
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Dec 22, 2025
Minimum investment
$50,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

The Trust's only SEC filing is a Form D, the brief notice an issuer files when it sells securities privately without registering them. 4 It described the issuer as a Delaware statutory trust formed in 2025 and gave December 22, 2025 as the offering's first-sale date. 4

Legal Trust name
CS1031 Richmond Active Living Apartments, DST
SEC CIK
2103922
First Form D
Jan 6, 2026
Latest Form D
Jan 6, 2026
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount sold
Form D$33,300,000
$0
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.

Common questions

Can I still invest in Everleigh Short Pump?
No new interests: Everleigh Short Pump is reported fully subscribed. Top1031 lists it as recently fully subscribed and does not count it as an active offering.
What does this Trust own?
It owns Everleigh Short Pump, a Class A apartment community of 165 homes restricted to residents aged 55 and older at 12651 Three Chopt Road in Henrico County, Virginia. The mix is 83 one-bedroom, 80 two-bedroom and 2 three-bedroom homes averaging 1,001 square feet. Capital Square's brochure gives December 17, 2025 as the acquisition date.
Who is the tenant, and who runs the property?
There is no single corporate tenant; residents aged 55 and older sign their own apartment leases. Capital Square's offering materials state that beneficial owners rely on a master tenant to collect rent and to operate, manage, lease and maintain the property, and that the master tenant's capitalization is supported solely by cash flow from the underlying lease. The Everleigh Short Pump leasing website identifies Greystar as the manager.
Is the Trust leveraged, and what kind of loan is it?
Yes. Capital Square's offering brochure describes fixed-rate debt on the property with a 10-year term, six years of interest-only payments and a 30-year amortization schedule, meaning principal repayment begins only in the later years of the loan. The Form D on file with the SEC states no loan terms; the governing terms sit in the offering documents.
What did the property cost?
Capital Square's offering brochure states a total investment cost of $72,379,000, a figure that covers acquisition, reserves and offering expenses rather than the purchase price alone. The brochure does not label that number the property's purchase price. The brochure also specifies the equity portion of the capitalization.
How occupied has the property been?
Capital Square reported the community 95.7% occupied in its December 29, 2025 launch announcement. Its offering brochure reports approximately 96.3% average occupancy over the preceding two years and an 83% resident-retention rate attributed to the management team. Those are sponsor-reported figures dated to the offering period.
Does this Trust offer a 721 UPREIT exit?
No. The record shows no REIT conversion option, the route in which a sponsor's REIT acquires the property and beneficial owners receive operating-partnership units instead of cash. Capital Square announced the offering on December 29, 2025 and announced on July 13, 2026 that it had been fully subscribed, with equity from 108 investors.

In the news

Capital Square Fully Subscribes Richmond Active-Adult DST OfferingPress release distributed via Business Wire/Yahoo Finance confirming the full subscription of the CS1031 Richmond Active Living Apartments DST holding the Everleigh Short Pump 55+ community, citing regional Eli Lilly and LEGO catalysts.
Business Wire (via Yahoo Finance) ↗also: Yahoo Finance / Business Wire ↗also: Yield PRO (Multihousing Professional) ↗also: citybiz ↗also: IREI ↗also: Business Wire ↗also: Capital Square (sponsor site / press release) ↗also: AltsWire ↗

Sources

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These links support the record as a whole; individual details may come from different sources.

DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current offering documents before investing.