Capital Square Acquires Fredericksburg BTR Community

Capital Square Acquires Fredericksburg BTR Community
News| August 6, 2025| Mike Boyd
Texas + Apartment Buildings

Capital Square, a sponsor of tax-advantaged real estate investments, acquired Woodland Cottages, a build-to-rent community in Fredericksburg, Texas. The 62-unit active adult community was acquired on behalf of CS1031 Texas Active Adult Living I, DST, which seeks to raise equity from accredited investors. The Carbon Companies developed the project, and Carbon-Shepherd was the seller.

Located in historic Fredericksburg, at 161 Friendship Lane, Woodland Cottages features ADA-compliant rental homes tailored for active adults. Each home includes layouts with zero-threshold showers and other aging-in-place features. Community amenities include a 6,000-square-foot clubhouse, where weekly activities are hosted, as well as a swimming pool, fitness center and dedicated resident concierge to foster a vibrant and socially connected lifestyle.

Fredericksburg is home to over 80 wineries.

Since its founding in 2012, Capital Square has acquired more than 170 real estate assets for over 6,500 investors seeking quality replacement properties that qualify for tax deferral under Section 1031 of the Internal Revenue Code.

Curious how Texas’ surging economy, population growth, and shifting demand are shaping multifamily investment in 2025? Don’t miss the Texas Market Outlook discussion at Connect Texas Multifamily, where the top experts break down regional trends, key indicators, and actionable strategies to help you stay ahead—register now to gain the edge: www.ConnectTXMF2025.com | EVENT DATE: Thursday, August 28th | VENUE: The Joule, Dallas

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