Top1031

ERP 1031 Industrial Portfolio IV DST

Industrial (single-tenant net-lease, office/warehouse serving oil & gas) property in Odessa, TX — sponsored by ERP 1031

Minimum investment
$50k
Offering size
$36.1M
How much has sold
None sold yet
Asset type
Industrial (single-tenant net-lease, office/warehouse serving oil & gas) property
Location
Odessa, TX
Financing
Leveraged. This offering reports mortgage debt on the property.

Sponsor-reported, from SEC filings and cited sources.

Chapter 1

What is this, in one paragraph?

ERP 1031 Industrial Portfolio IV DST is a Delaware statutory trust — fractional co-ownership whose interests can serve as replacement property in a 1031 exchange — holding four single-tenant, triple-net industrial buildings in Odessa and Midland, Texas that serve Permian Basin oil-and-gas companies.2 Sponsor materials state the Trust bought them from an affiliate of the sponsor on December 15, 2025.5 The Offering is raising.

underlying portfolio of four single-tenant, triple-net (NNN) industrial properties · LTV 26.4% ($13M loan/$49.15M cap); min $50k; 100% occ 1/1/26; 5.25% yr1; ChampionX-SLB, DNOW, American Cementing

Show sources (12)Hide sources (12)

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

Location map11809 W. CR 125, Odessa, TXAddress matched to a cited source

On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.

Chapter 2

What exactly is the property?

Sponsor offering materials state the Trust acquired the four West Texas buildings on December 15, 2025 from an affiliate of the sponsor for $44,000,000.5 AltsWire cited the same purchase price when it covered the launch on February 9, 2026.7 Three of the buildings sit in Odessa and one in Midland, in the Permian Basin oil field, and are used as office and warehouse space by energy-service businesses.2

Property address
11809 W. CR 125, Odessa, TX
Property size
4 properties; approximately 323,352 rentable square feet across 111.28 acres
Chapter 3

Who is the tenant, and what's the lease?

Each building has one tenant on a triple-net lease — the tenant pays taxes, insurance and maintenance directly. Sponsor materials name ChampionX LLC / Schlumberger, DNOW L.P., American Cementing, LLC, and Odessa American Refabrication LLC as the tenants.3 The same materials report 100% occupancy as of January 1, 2026 and a weighted-average remaining lease term near 13.1 years.4

Chapter 4

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.

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 Jan 27, 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.

Raise history appears here once sales are filed — free account required.

Chapter 5

How is it financed, and what does it pay?

The Trust is leveraged: mortgage debt sits alongside investor equity, which lets an exchanger replace debt carried on the property sold, and the lender is repaid ahead of investors. Sponsor materials put the original loan at $13,000,000.6 No lender was identified in the sources reviewed.

Financing
Leveraged. This offering reports mortgage debt on the property.
Chapter 7

What does the paperwork say?

A single Form D — the brief notice an issuer files with the SEC for a private offering sold without registration — is this Trust's entire SEC record, with no amendment located through August 23, 2026. It is offered under the rule that permits public advertising but requires the sponsor to verify each buyer's accredited-investor status rather than accept self-certification.

  1. 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.

Chapter 8

Common questions

Is ERP 1031 Industrial Portfolio IV DST still raising money?

Top1031 lists ERP 1031 Industrial Portfolio IV 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 ERP 1031 Industrial Portfolio IV 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 exactly does this Trust own?

Four single-tenant industrial properties in West Texas — three in Odessa and one in Midland — totaling approximately 323,352 square feet across 111.28 acres, per sponsor offering materials.[2] The buildings are office and warehouse space used by businesses serving Permian Basin oil and gas operations, and the sponsor reported the portfolio 100% occupied as of January 1, 2026.[4]

Who are the tenants, and how long are the leases?

Sponsor materials name ChampionX LLC / Schlumberger at 11809 W. CR 125 in Odessa, DNOW L.P. at 5301 W. Murphy St. in Odessa, American Cementing, LLC at 6165 W. Murphy St. in Odessa, and Odessa American Refabrication LLC / Odessa AIM Holdings at 11716 Highway 191 in Midland.[3] The same materials report a weighted-average remaining lease term of roughly 13.1 years.[4] Lease-by-lease expiration dates, renewal options and rent terms are settled in the PPM — the Private Placement Memorandum, the offering's full disclosure document — not in the SEC filing.

When did the Trust buy the properties, and from whom?

Sponsor offering materials state the Trust acquired the four properties on December 15, 2025 from an affiliate of the sponsor for an aggregate $44,000,000.[5] AltsWire reported the same $44 million purchase price in its February 9, 2026 launch coverage.[7] Because the seller was a sponsor affiliate rather than a third party, the PPM is where a buyer checks how that price and the supporting appraisals were set.

How much debt does the Trust carry?

Sponsor materials report an original loan amount of $13,000,000 against a maximum offering amount of $49,150,000, and a stated loan-to-value of 26.4%.[6] AltsWire's February 9, 2026 report cited ERP-disclosed initial aggregate loan-to-value of approximately 29.5% based on purchase price, 25.2% based on appraised value, and 26.4% based on the maximum offering amount.[8] No lender name or loan terms were established in the sources reviewed here; those appear in the PPM and loan documents.

What is the current status of the offering?

The Form D filed January 27, 2026 is the only SEC filing on record for this Trust.[1] AltsWire covered the launch on February 9, 2026.[7] A Baker 1031 listing last updated July 13, 2026 displayed the status as "Under Review," a third-party label that does not by itself establish current availability.[9] No later Form D amendment and no completed-subscription announcement for this Trust were located through August 23, 2026.

Is there a 721/UPREIT exit — a contribution of the property into a REIT in exchange for operating-partnership units?

Nothing in the public record reviewed for this Trust indicates a planned REIT conversion or 721 exchange. The disclosed structure is a Delaware statutory trust holding four net-leased industrial properties in Odessa and Midland, Texas.[2] Exit mechanics are governed by the trust agreement and the PPM, not by the Form D.

Chapter 9

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