Texas Small Bay Industrial Portfolio 86 DST
Industrial in Katy, TX — sponsored by Cove Capital Investments
Minimum investment
$1k
Offering size
$14.8M
How much has sold
None sold yet
Asset type
Industrial
Location
Katy, 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 Industrial Portfolio 86 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?
- Property address
- Morton Business Park, Katy, TX
- Property size
- Two properties, five buildings totaling over 69,000 SF (Katy: 3 buildings, ~29,165 SF; Richmond: 2 buildings, ~40,000 SF on 2.52 acres); ~$14.8M raise target.
How did it end?
No sale or other ending on record
Two-property (part of a five-building) 100%-leased small-bay industrial portfolio in the Houston, TX metro area (Katy & Richmond, TX) was acquired debt-free by Cove Capital to finalize this DST, announced May 6, 2025. The offering is shown as fully subscribed on the sponsor's site; no disposition, 721 conversion, or foreclosure evidence has been found.
Two-property small bay flex industrial portfolio in the greater Houston MSA: Morton Business Park (3 buildings, ~29,165 SF, built 2023) in Katy, TX, and Richmond Multi-Tenant (2 buildings, ~40,000 SF on 2.52 acres, newly built) in Richmond, TX. Both 100% leased to multi-tenant small bay flex industrial users. All-cash, debt-free (0% LTV) structure. Sponsor: Cove Capital Investments, LLC.
Two properties, five buildings totaling over 69,000 SF (Katy: 3 buildings, ~29,165 SF; Richmond: 2 buildings, ~40,000 SF on 2.52 acres); ~$14.8M raise target.Supporting 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 Industrial Portfolio 86 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 Industrial Portfolio 86 DST?
Top1031 lists Texas Small Bay Industrial Portfolio 86 DST as historical. It is no longer raising money.
Where does Top1031 get the data for Texas Small Bay Industrial Portfolio 86 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 8DST Properties for Sale | Current OfferingsSponsor's current offerings listing page showing the Cove Texas Small Bay Industrial 86 Portfolio DST as fully subscribed. Cove Capital Investments Acquires Two Small Bay Industrial Assets in a 100% Debt-Free Transaction for Its New Cove Texas Small Bay Industrial Delaware Statutory Trust 86 OfferingCove Capital completes formation of Texas Small Bay Industrial Portfolio 86 DST; two properties in greater Houston MSA (Katy and Richmond), 100% leased multi-tenant small bay flex industrial, ~$14.8M raise target. Cove Capital Acquires Two Properties for Texas Small Bay Industrial DST 86 OfferingCove Capital Investments acquired two small-bay flex industrial properties in the greater Houston area to form the Texas Small Bay Industrial Portfolio 86 DST, an all-cash debt-free Reg D 506(c) offering seeking to raise ~$14.8M. Cove Texas Small Bay Industrial 86 Portfolio DSTSponsor offering page for the all-cash/debt-free multi-tenant small-bay flex-industrial portfolio DST consisting of five buildings (three in Katy, two in Richmond, TX) built in 2021 and 2023; page shows status as fully subscribed.