SHREVEPORT OPPORTUNITY 120 DST
Industrial in Shreveport, LA — sponsored by Cove Capital Investments
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Shreveport Opportunity 120 DST is a Delaware statutory trust — a passive property-owning vehicle whose beneficial interests can serve as replacement property in a 1031 exchange — sponsored by Cove Capital Investments. Cove Capital reported on August 27, 2026 that it had completed the acquisition of a 29,000-square-foot retail asset in Bayou Walk Shopping Center and formed this Trust to hold it.2 The Offering is raising now.
No public property details found; Form D filed 6/11/26, $7.1M offering; city inferred from trust name only
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These links support the public record as a whole; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
Cove Capital reported completing the acquisition of a 29,000-square-foot retail asset inside Bayou Walk Shopping Center and forming this Trust to hold it.2 The Form D describes the issuer and the securities, not the building — no street address, year built, seller, or purchase price appears in it.1 Top1031's filing data classifies the asset as industrial; the sponsor's own description of the same property is retail.
- Reported location
- Shreveport, LA
Who is the tenant, and what's the lease?
AltsWire, attributing the information to Cove Capital, identifies Petco and Boot Barn as the anchors of the Bayou Walk property.3 The same report says both tenants have long operating histories at the property and recently exercised lease-renewal options.3 Expiration dates, expense responsibilities, and any guaranty terms live in the PPM — the private placement memorandum — and the lease abstracts.
How are sales going?
These are the sponsor’s own numbers. They can lag what has actually sold, and they do not confirm that interests are still available.
- Amount sold
- $100,000
- Still available
- $6,968,288
- Investors reported
- 1
- Total offering
- $7,068,288
How is it financed, and what does it pay?
AltsWire reported, on Cove Capital's account, that the property was bought all-cash and debt-free — no mortgage, no lender, and no loan maturing partway through the hold — and that Cove principals were investing alongside investors.3 The Form D addresses the securities offering rather than property-level debt and names no lender.1
Who's behind it?
Cove Capital Investments sponsors 1031 exchange DSTs and markets a platform built around debt-free offerings; the Trust's Form D names Cove Capital Investments, LLC as the offering's promoter.1 In a July 17, 2026 announcement, the sponsor reported portfolio statistics of $1,133,765,047 across 137 properties and 2,768 investors; that announcement made no mention of this Trust.
- Sponsor
- Cove Capital Investments
- Legal Trust name
- SHREVEPORT OPPORTUNITY 120 DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 24 active / 57 total offerings from Cove Capital Investments
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
The Trust registered nothing with the SEC. It filed a single new-notice Form D — the brief federal notice of a securities sale made under an exemption from registration — reporting a first sale on June 9, 2026, and no amendment has followed it.1 The exemption used permits public advertising but limits purchasers to verified accredited investors.
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
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.
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 Private Placement Memorandum before investing.
Common questions
Is SHREVEPORT OPPORTUNITY 120 DST still raising money?
Top1031 lists SHREVEPORT OPPORTUNITY 120 DST as active because the sponsor is still filing with the SEC. That does not confirm that interests remain available.
Where does Top1031 get the data for SHREVEPORT OPPORTUNITY 120 DST?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
What property does this Trust own?
Cove Capital Investments announced on August 27, 2026 that it had completed the acquisition of a 29,000-square-foot retail asset in the Bayou Walk Shopping Center in Shreveport, Louisiana, and formed Shreveport Opportunity 120 DST to hold it. The Trust's Form D contains no property description, and the exact street address within the shopping center is not established in the public record, so address, seller, and purchase price are offering-document questions.
Who are the tenants?
AltsWire reported on August 28, 2026, attributing the information to Cove Capital, that Petco and Boot Barn anchor the 29,000-square-foot Bayou Walk property, that both tenants have long operating histories there, and that both recently exercised lease-renewal options. No tenant or lease information appears in the Trust's Form D, so lease expirations, renewal terms, guaranty structure, and expense responsibilities are PPM and lease-abstract questions.
Is the property financed with a mortgage?
AltsWire reported, attributing the information to Cove Capital, that the acquisition was made on an all-cash, debt-free basis. That is a sponsor-reported statement: 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 PPM question.
What did the sponsor say about how the property was priced?
AltsWire, attributing the information to Cove Capital, reported that the asset was acquired roughly 30% below current replacement cost and that in-place rents were about 29% below the submarket average. Those are the sponsor's own figures; no independent appraisal, broker report, or SEC filing in the public record verifies them.
How much is the offering seeking, and who can buy in?
The Trust's 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 the offering publicly but requires every purchaser to be accredited and requires the sponsor to take reasonable verification steps — typically tax returns, brokerage statements, or a CPA or attorney letter.
Why does the asset type say industrial when the sponsor calls it retail?
Top1031's pipeline data classifies the offering as industrial, while Cove Capital's August 2026 releases describe a 29,000-square-foot retail property with two national retail anchors. The Form D contains no property description that settles the conflict. The PPM, the leases, and the deed are where the building's use is confirmed.