Texas Small Bay 85 Flex DST
Industrial in San Antonio, TX — sponsored by Cove Capital Investments
Minimum investment
$1k
Offering size
$15.4M
How much has sold
11.0%
Asset type
Industrial
Location
San Antonio, TX
Financing
All cash. This offering reports no mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Texas Small Bay 85 Flex DST combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
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These links support the historical public record; 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?
- Reported location
- San Antonio, TX
- Property size
- 68,400 SF
How did it end?
No sale or other ending on record
68,400 SF multi-tenant flex/industrial asset in San Antonio (Northwest submarket) was acquired by Cove Capital in Nov 2024 and placed into the Texas Small Bay 85 Flex DST (target raise ~$15.4M); no full-cycle/exit announcement has been published and Cove's most recent (Jun 17, 2026) portfolio milestone press release does not list this trust as completed [6][7][3].
Multi-tenant flex/industrial asset built in 2000; 68,400 SF; 0% leverage / all-cash; minimum investment $25,000; equity target $15,374,450. Cove sponsor page reflects fully subscribed. Specific street address not publicly disclosed.
68,400 SFSupporting evidence
How is it financed, and what does it pay?
- Financing
- All cash. This offering reports no mortgage debt.
Who's behind it?
- Sponsor
- Cove Capital Investments
- Legal Trust name
- Texas Small Bay 85 Flex 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?
- 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
What happened to Texas Small Bay 85 Flex DST?
Top1031 lists Texas Small Bay 85 Flex DST as historical. It is no longer raising money.
Where does Top1031 get the data for Texas Small Bay 85 Flex 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.
Chapter 8Cove Capital Fully Subscribes $13.3M Florida, Texas Industrial DST OfferingConnect Money reports Cove Capital fully subscribed its Texas Small Bay 85 Flex DST offering along with another industrial DST, confirming the closing status of the 85 offering. Cove Capital Acquires San Antonio Small Bay Industrial Asset for DSTCove Capital completed the purchase of a multi-tenant flex/industrial asset in San Antonio, TX for the Cove Texas Small Bay 85 Flex DST, targeting $15,374,450. Cove Texas Small Bay 85 Flex DSTSponsor offering page for the all-cash/debt-free flex-industrial DST (a 68,400-sf, two-building multi-tenant asset built in 2000 in San Antonio's Northwest submarket, anchored by U.S. Geological Survey and U.S. Fish & Wildlife Services); page shows status as fully subscribed.