Location, Location, Location: 11 Reasons Why We Like Richmond

  1. Richmond is the state capital of Virginia.
  2. City Data reports that Richmond’s population has grown 10.1% since 2000.
  3. The Richmond Metropolitan area has an estimated population of 1,234,058.
  4. The Interstate-95 runs through Richmond and carries over 140,000 vehicles through the city each day.
  5. US News and World Report ranked Richmond the 28th best place to live.
  6. Named one of the “10 up and coming cities for Entrepreneurs” by Forbes.
  7. Eight Fortune 500 companies are headquartered in Richmond and 11 Fortune 1000 companies.
  8. People in the city are approximately a 2 hour car ride away from Washington DC.
  9. 8th best historic destination in the USA- US News and World Report.
  10. Richmond’s rich American history draws more than 7 million tourists every year. Attractions include the Maymont Estate, Virginia Museum of Fine Arts, and Virginia historical society.
  11. Richmond is home to 5 colleges and universities with a total of over 50,000 students.

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References

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 DSTs from over 25 different sponsor companies, custom DSTs only available to Kay clients, independent advice on DST sponsor companies, full due diligence and vetting on each DST (typically 20-40 DSTs) and a DST secondary market.  Kay Properties team members collectively have over 115 years of real estate experience, are licensed in all 50 states, and have participated in over 15 Billion of DST 1031 investments.

This material does not constitute an offer to sell nor a solicitation of an offer to buy any security. Such offers can be made only by the confidential Private Placement Memorandum (the “Memorandum”). Please read the entire Memorandum paying special attention to the risk section prior investing.  IRC Section 1031, IRC Section 1033 and IRC Section 721 are complex tax codes therefore you should consult your tax or legal professional for details regarding your situation.  There are material risks associated with investing in real estate securities including illiquidity, vacancies, general market conditions and competition, lack of operating history, interest rate risks, general risks of owning/operating commercial and multifamily properties, financing risks, potential adverse tax consequences, general economic risks, development risks and long hold periods. There is a risk of loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, potential returns and potential appreciation are not guaranteed.

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