TA Mineral Wells
Travel center in Mineral Wells, WV · sponsored by Kingsbarn Realty Capital
TA Mineral Wells is a DST sponsored by Kingsbarn Realty Capital that owns a travel center in Mineral Wells, WV. Its latest Form D, filed Jun 22, 2026, lists a $49 million offering with a $490,500 minimum.
Key facts
- Minimum investment
- $490,500From the Form D
- Offering size
- $49,050,000Equity offered, per the Form D
- Sold so far
- Form D, Jun 22, 2026; the % is our arithmetic90.1%
- Investors reported
- Form D, Jun 22, 202627
- Selling commissions
- Form D Item 15; the % is our arithmetic$1,087,000 · 2.2% of offering
- 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 22, 2026 · 1 filing
- First sale
- Apr 15, 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.
- Amount sold
- $44,212,364
- Not yet sold
- $4,837,636
- Investors
- 27
Calculated by Top1031 from the Form D filings, not stated by the sponsor:
90.1% of $49,050,000 sold, calculated by Top1031 from the Form D
- Average since first sale
- about $19.7 million a month
Weighing this offering for your exchange? A licensed 1031 specialist from our affiliated partner can go through these filings with you.
Ask a 1031 specialist about this recordFree. About: TA Mineral Wells. Top1031 is not a broker-dealer.TA Mineral Wells · Mineral Wells, WV · Photo: ogden_images.s3.amazonaws.com
What does TA Mineral Wells own?
The Form D names no real estate. 1 A Wood County courthouse roundup describes a deed dated July 6, 2026 conveying a 16.664-acre tract along Interstate 77, plus tracts of 1.314, 1.101, and 1.950 acres, from Mineral Wells Holdings WV LLC to KB Mineral Wells DST; the deed instrument itself was not retrieved. 2 Whether those tracts hold the TA-branded travel center remains unresolved on the public record.
- Property address
- 470 Frontage Road (probable), Mineral Wells, WV
- Property size
- 104 truck spaces, 5 diesel lanes; SF n/a
Tenant and lease terms are not in the SEC filings or cited sources.
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?
No reviewed filing names a lender or states whether the Trust carries mortgage debt, so leverage is undetermined on the public record. A Form D silent on debt is not evidence of an all-cash structure; any loan would be described in the offering documents.
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
- $1,087,000 · 2.2% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $3,109,500 · 6.3% of offeringForm D Item 16· The filing’s note: “Sponsor or its affiliate will receive financing and acquisition fee totaling $2,840,000 for structuring the offering and the property acquisition, plus $269,500 reimbursement for relevant offering expenses incurred related with the Offering totaling.”
- Broker-dealers named in the Form D
- None named in the Form D
- Date of first sale
- Apr 15, 2026
- Minimum investment
- $490,500
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.
Who's behind TA Mineral Wells?
The Form D names KB Exchange Properties, LLC as the offering's sponsor and lists Kingsbarn Realty Capital, LLC as that sponsor's parent. 1 The parent's 1031 platform recurs in net-leased travel centers: on February 12, 2026 it announced acquiring a TA Express travel center in Nacogdoches, Texas, leased to LV Petroleum and offered through a DST. How affiliated entities divide asset-management, lease, and guarantee duties sits in the trust agreement and offering documents, not the Form D.
- Sponsor
- Offerings on record
What does the SEC record show?
No amendment follows the original notice, so its subscription figures speak only as of the day it was signed. 1 The issuer reported April 15, 2026 as the offering's first sale and disclosed a $2,840,000 financing and acquisition fee payable to the sponsor or an affiliate for structuring the offering and acquiring the property. 1
- Legal Trust name
- KB Mineral Wells, DST
- SEC CIK
- 2138575
- First Form D
- Jun 22, 2026
- Latest Form D
- Jun 22, 2026
- Filings on record
- 1
- Offered under
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
SEC Form D filings, newest first
| Filed | Form | Offering amount | Amount sold | Investors | Filing on SEC EDGAR |
|---|---|---|---|---|---|
| Form D | $49,050,000 | $44,212,364 | 27 | 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 TA Mineral Wells an active offering?
- TA Mineral Wells is an Active offering: its latest Form D was filed Jun 22, 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.
- Is the property behind this Trust confirmed?
- Not by any SEC filing. The Form D for KB Mineral Wells, DST offers beneficial interests without naming real estate or an address. A Wood County, West Virginia courthouse roundup reports a deed dated July 6, 2026 from Mineral Wells Holdings WV LLC to KB Mineral Wells DST covering a 16.664-acre tract along Interstate 77 plus tracts of 1.314, 1.101, and 1.950 acres, less exceptions. The deed instrument itself was not retrieved, and no direct record matches those tracts to a specific travel center, so Top1031 labels the association with the TA Mineral Wells site probable rather than directly confirmed. The offering documents are where the address, legal description, and purchase price are settled.
- Who is the tenant and operator?
- No reviewed public record establishes it for this Trust. The Form D discloses no operating tenant, no rent, and no lease expiration. LV Petroleum announced on February 19, 2026 that it had opened West Virginia travel centers including one at Mineral Wells, but that release does not state that LV Petroleum leases this Trust's property. Ask for the master lease, any sublease, and any brand or franchise agreement in the offering documents.
- Who is the sponsor of record?
- The Form D names KB Exchange Properties, LLC as the sponsor and identifies Kingsbarn Realty Capital, LLC as that entity's parent. Top1031 groups the Trust under the Kingsbarn name because that is the platform investors transact with, but the contracting entities named in the trust agreement, master lease, and offering documents may be program affiliates rather than the parent itself. The filing also names KB Mineral Wells MT, LLC as master tenant, the entity that typically leases the whole property from a DST and handles operations.
- Does this Trust use debt?
- Public filings do not disclose it. Top1031's data records leverage as unknown for this Trust, and the Form D names no lender and no loan. The absence of a debt disclosure on a Form D is not evidence that an offering is all-cash, and the financing and acquisition fee payable to the sponsor is not itself evidence of a mortgage. The offering documents' sources-and-uses table and loan summary hold the answer, along with any interest rate, maturity, amortization, and prepayment terms.
- Are the subscription figures shown here current?
- No. They come from the single Form D filed June 22, 2026 and state amounts only as of that filing date. No later amendment or updated offering status was verified in research run through October 2, 2026. Form D amounts are issuer-filed and establish neither SEC review nor what remains available today. Only the sponsor or the selling broker-dealer can confirm current availability.
In the news
Sources
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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.