1031 Exchange Market Spotlight: Cary, North Carolina

There are many 1031 DST investment options available to clients in today’s market. One thing to always remember when buying real estate is location, location, location.

Here are some of the reasons why we believe Cary, North Carolina to be a great location to buy property:

Cary is home to some of the largest national and international employers, including the No. 1 multinational workplace in the world — SAS Institute. While technology companies reside in Cary, near Research Triangle Park, other industries such as manufacturing and healthcare employ a good portion of the talented workforce.

Top employers include:
SAS Institute, MetLife, Caterpillar, John Deere, Verizon Wireless, Siemens Medical Solutions USA, Kellogg’s Snacks, Affiliated Computer Services, Lord Corporation, Oxford University Press, DB Global Technologies, HCL Corp, ABB

Cary also enjoys the advantage of proximity to some of the nation’s top universities, including Duke University, North Carolina State University and the University of North Carolina at Chapel Hill, as well as numerous well-regarded local colleges. All in all, area institutions have an enrollment of nearly 200,000 students — each with diverse* backgrounds and bright futures.

Cary’s growth has been a direct result of dedicated planning and budgeting. To maintain Cary’s high quality of life, nearly $500 million has been used to improve infrastructure projects including transportation, parks and recreation, and other resources. Our residents call Cary home for a number of reasons. Whether it is the unrivaled low taxes compared to surrounding areas, or the highly educated workforce, Cary has proven to attract those who not only care about growing, but growing smart.

Cary has repeatedly ranked among the top locations in North Carolina and the country to start a business, buy a house, raise a family and retire. Here, cultural, medical and infrastructure offerings of a big city meet the safety and friendliness of a tight-knit community.

Cary offers a diversity of housing options, including large-lot single-family dwellings, townhomes, condominiums and high-end apartments that attract 60-plus people a day to the area.

Source: http://caryeconomicdevelopment.com, http://google.com, http://www.city-data.com/, https://www.raleighnc.gov

*Diversification does not guarantee profits or protect against losses.

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.