Sidbury Station
Multifamily property in Castle Hayne, NC — sponsored by Capital Square
Files with the SEC as CS1031 Sidbury Station BFR Housing, DST
Minimum investment
$50k
Offering size
$22.9M
How much has sold
None sold yet
Asset type
Multifamily property
Location
Castle Hayne, NC
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Sidbury Station combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (1)Hide sources (1)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Castle Hayne, NC
- Property size
- 113 units
How did it end?
No sale or other ending on record
No full-cycle or disposition found; Capital Square's Sidbury Station offering page remains live describing the 113-unit build-for-rent community in Castle Hayne, NC, and the property is still actively leased — Capital Square's Feb 2026 '10 DSTs taken full-cycle in 2025' announcement does not name Sidbury Station among them.
Sidbury Station (also marketed as Seaboard at Sidbury Station) is a newly constructed 113-unit build-for-rent community in Castle Hayne, NC (Wilmington MSA), developed by D.R. Horton and completed in 2023. Capital Square acquired the property on July 24, 2024 for approximately $39.3 million on behalf of CS1031 Sidbury Station BFR Housing, DST. The community features detached single-family homes with three to five bedrooms, averaging 1,829 sq ft, with two-car garages and smart-home integration. Fully subscribed in March 2025 after raising $22.9 million in equity.
113 unitsSupporting evidence
Who's behind it?
- Sponsor
- Capital Square
- Legal Trust name
- CS1031 Sidbury Station BFR Housing, DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 8 active / 28 total offerings from Capital Square
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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 Private Placement Memorandum before investing.
Common questions
What happened to Sidbury Station?
Top1031 lists Sidbury Station as historical. It is no longer raising money.
Where does Top1031 get the data for Sidbury Station?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Capital Square Fully Subscribes Sixth Build-for-Rent DST and 145th Offering Since Inception with North Carolina CommunityPR Newswire version of Capital Square's press release announcing full subscription of CS1031 Sidbury Station BFR Housing, DST in Castle Hayne, North Carolina. National real estate firm acquires rental development for $39MLocal coverage confirming Capital Square's $39.3 million acquisition of Sidbury Station in Castle Hayne, NC. Capital Square Acquires Build-for-Rent Community Near Wilmington, North Carolina for DST OfferingWire distribution of Capital Square's acquisition announcement for the CS1031 Sidbury Station BFR Housing, DST.