10 Reasons Why We Like Chesapeake, Virginia

Over the last 3 months we have brought to market in cooperation with our joint-venture partners two all-cash/debt-free commercial properties in Chesapeake, Virginia and made them available to our accredited clients as Delaware Statutory Trust (DST) 1031 exchange offerings via Regulation D, Rule 506c. Here are 10 reasons we like Chesapeake, VA for our DST 1031 exchange and direct investor clients:

  • Chesapeake is the third largest city by population in the state of Virginia.
  • Chesapeake is part of the 1.7-million-person Hampton Roads area of Virginia.
  • Chesapeake was considered Hampton Roads’ fastest growing city over the past 5 years with a population of 238,000.
  • Chesapeake is in close proximity to the world’s largest Naval base, Naval Station Norfolk, which supports 75 ships alongside 14 piers and 11 aircraft hangars.
  • Chesapeake is in close proximity to the Port of Virginia, which is the sixth largest containerized cargo complex in the entire United States as well as the deepest water harbor on the US East Coast.
  • Over 50 international companies call Chesapeake home.
  • Chesapeake was ranked by SmartAsset as the #3 City Where Millennials are Buying Homes.
  • Chesapeake was ranked #19 among the Best Cities for Quality of Life by NerdWallet.
  • Chesapeake was ranked by the FBI as One of the safest cities in the United States.
  • Solid commercial real estate fundamentals with very high occupancy rates across multiple commercial real estate asset classes: Industrial 95%, Retail 94.9%, Office 92.3%.

Sources: Wikipedia.org, Chesapeake Virginia 2016 Annual Report, http://www.hreda.com, Hampton Roads Economic Development Alliance, www.nerdwallet.com 2014, www.smartasset.com 2016, FBI National Uniform Crime Report 2008, http://finance.yahoo.com/news/fitch-affirms-chesapeake-vas-gos-193100903.html

About Kay Properties and www.kpi1031.com

Kay Properties is a national Delaware Statutory Trust (DST) investment firm. The www.kpi1031.com platform provides access to the marketplace of typically 20-40 DSTs from over 25 different DST sponsor companies, custom DSTs only available to Kay clients and a DST secondary market. Kay Properties team members collectively have over 400 years of real estate experience, are licensed in all 50 states, and have participated in over 30 Billion of DST 1031 investments.

Diversification does not guarantee profits or protect against losses. All real estate investments provide no guarantees for cash flow, distributions or appreciation as well as could result in a full loss of invested principal. Please read the entire Private Placement Memorandum (PPM) prior to making an investment. This case study may not be representative of the outcome of past or future offerings. Please speak with your attorney and CPA before considering an investment.

There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential distributions, potential returns and potential appreciation are not guaranteed. For an investor to qualify for any type of investment, there are both financial requirements and suitability requirements that must match specific objectives, goals, and risk tolerances. Securities offered through FNEX Capital, member FINRASIPC.