Top1031

Shreveport Opportunity 120 DST

Industrial property in Shreveport, LA · sponsored by Cove Capital Investments

Active offeringLatest Form D filed Jun 11, 2026 (opens in a new tab)

Shreveport Opportunity 120 DST is a DST sponsored by Cove Capital Investments that owns an industrial property in Shreveport, LA. Its latest Form D, filed Jun 11, 2026, lists a $7 million offering with a $1,000 minimum.

Key facts

Minimum investment
$1,000
From the Form D
Offering size
$7,068,288
Equity offered, per the Form D
Sold so far
1.4%
Form D, Jun 11, 2026; the % is our arithmetic
Investors reported
1
Form D, Jun 11, 2026
Selling commissions
$424,097 · 5.9% of offering
Form D Item 15; the % is our arithmetic
Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.
How it is financed ↓
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.

Figures come from SEC Form D filings unless a source is cited. Sponsor-stated figures are as reported by the sponsor; Top1031 does not independently audit them. On a 45-day clock? Find day 45 and day 180 →

Sales so far

Latest Form D
Jun 11, 2026 · 1 filing
First sale
Jun 9, 2026

These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.

How we work out how much has sold

We divide the amount the sponsor reports sold by the offering size in its latest SEC filing, filed Jun 11, 2026.

  • The sponsor reports these amounts itself, and can amend them later.
  • A filing can be behind what has actually sold. It does not confirm that interests are still available.
  • The amount left to sell is the offering size minus the amount sold.
Amount sold
$100,000
Not yet sold
$6,968,288
Investors
1

Calculated by Top1031 from the Form D filings, not stated by the sponsor:

1.4% of $7,068,288 sold, calculated by Top1031 from the Form D

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Ask a 1031 specialist about this recordFree. About: Shreveport Opportunity 120 DST. Top1031 is not a broker-dealer.
City-level mapShreveport, LA metroMap shows the city, not the exact address.

No photo on record.

What does Shreveport Opportunity 120 DST own?

Cove Capital reported acquiring a 29,000-square-foot retail asset at Bayou Walk Shopping Center and forming this Trust to hold it. 2 The Form D describes the issuer and its securities, not the building — it carries no street address, seller, purchase price, or acquisition date. 1 Cove Capital also said it paid roughly 30% below current replacement cost and put in-place rents about 29% under the submarket average. 2

Reported location
Shreveport, LA

How have sales gone?

The Form D record has one sales figure so far, so there is no trend to chart. The figure is in Sales so far ↑.

How is it financed, and what did it cost to sell?

Cove Capital reported the property was bought all-cash and debt-free: no mortgage, no lender, and no loan maturing partway through the hold. 2 The Form D covers the securities offering rather than property-level debt and names no lender, which is why Top1031 carries leverage as unknown. 1

Debt

Financing
Not in the Form D. The Form D for this offering does not say whether it carries mortgage debt.

Costs and terms from the Form D

Selling commissions
$424,097 · 5.9% of offering
Finders’ fees
$0
Paid to officers, directors and promoters
$728,213 · 10.3% of offering
Form D Item 16
· The filing’s note: “Mr Kay & Lapin will receive a portion of this (in)directly for various selling commissions, EXCLUDING amounts received for sale in the state of Oregon, OR proceeds will be received by registered representatives licensed in OR”
Broker-dealers named in the Form D
1 named in the Form D
Show the firms

Individual representatives named in Item 12 are not listed.

Date of first sale
Jun 9, 2026
Minimum investment
$1,000

Form D Item 15 and Item 16 amounts may be the issuer’s estimates; each percentage is Top1031’s arithmetic on two Form D figures. Item 16 can overlap Item 15, so Top1031 does not add them together. The issuer marked these amounts as an estimate.

What does the SEC record show?

The Trust registered nothing with the SEC. It filed a new-notice Form D — the brief federal notice of a securities sale made under an exemption from registration — rather than an amendment to an earlier notice, and nothing has followed since. 1 The exemption used permits public advertising but limits purchasers to verified accredited investors.

Legal Trust name
SHREVEPORT OPPORTUNITY 120 DST
SEC CIK
2138194
First Form D
Jun 11, 2026
Latest Form D
Jun 11, 2026
Filings on record
1
Offered under
Rule 506(c)
May be advertised publicly. Every buyer’s accredited status must be verified.
Source filing
Read the filings on SEC EDGAR

SEC Form D filings, newest first

FiledFormOffering amountAmount soldInvestors
Form D$7,068,288
$100,000
1
EDGAR

Amounts, investor counts and minimums are as filed with the SEC on Form D. The change lines are Top1031’s arithmetic between consecutive filings; a new Form D notice starts a new count.

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.

Common questions

Is Shreveport Opportunity 120 DST an active offering?
Shreveport Opportunity 120 DST is an Active offering: its latest Form D was filed Jun 11, 2026. A Form D filing does not by itself confirm that interests are still available; the sponsor or a registered representative can confirm what is open.
What property does this Trust own?
Cove Capital Investments announced on August 18, 2026 that it had acquired a 29,000-square-foot retail asset at Bayou Walk Shopping Center in Shreveport, Louisiana, and formed Shreveport Opportunity 120 DST to hold it. The Trust's Form D, filed June 11, 2026, contains no property description at all — no street address, seller, purchase price, or closing date. No asset-specific street address or recorded conveyance has been established in the public record, so the deed and the offering documents are where those details live.
Who are the tenants, and what is known about the leases?
AltsWire reported on August 28, 2026 that the 29,000-square-foot property is anchored by Petco and Boot Barn. Cove Capital separately reported the building fully occupied by two retail tenants on corporate-guaranteed leases, and said both tenants had exercised renewal options without specifying renewal dates or remaining term. No tenant or lease information appears in the Form D, so remaining term, expense responsibilities and the exact guaranty language are offering documents and lease-abstract questions.
Is the property financed with a mortgage?
Cove Capital reported that the acquisition was made all-cash and debt-free. That is a sponsor-reported condition: the Trust's Form D covers the securities offering rather than property-level debt and names no lender, which is why Top1031's filing data carries leverage as unknown. Whether the trust agreement permits any future borrowing is a question for the offering documents.
How much is the Offering seeking, and who can buy in?
The Form D filed June 11, 2026 reports a Regulation D, Rule 506(c) offering with a total offering amount of $7,068,288, and Cove Capital's August 2026 announcements describe the same figure as equity sought from accredited investors. Rule 506(c) lets a sponsor advertise publicly but requires every purchaser to be an accredited investor — someone meeting SEC income or net-worth thresholds — and requires the sponsor to take reasonable steps to verify that status, typically through tax returns, brokerage statements, or a CPA or attorney letter.
Has anything been filed since the original Form D?
No. The June 11, 2026 Form D is the only submission on the Trust's SEC record as of September 28, 2026 — no amendment has been filed. Because sponsors typically amend a Form D annually or on a material change, subscription figures reported in that original notice are dated disclosures rather than a current picture of the raise.

In the news

Shreveport-Bossier Business Briefs: Sept. 1, 2026BIZ Magazine reported that Cove Capital acquired a 29,000-square-foot retail property at Bayou Walk Shopping Center in Shreveport, placed it into Shreveport Opportunity 120 DST, and was seeking approximately $7.07 million in investor equity, with Petco and Boot Barn identified as the tenants.
BIZ Magazine ↗

Sources

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These links support the record as a whole; individual details may come from different sources.

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 offering documents before investing.