Eufaula Cove Marina & Grafton Harbor Marina
Legal trust name NexPoint Marina DST
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.
Eufaula Cove Marina & Grafton Harbor Marina is the real estate behind NexPoint Marina DST, described by the sponsor as NexPoint's first marina-focused Delaware Statutory Trust. The all-cash portfolio pairs two full-service destination marinas: Eufaula Cove on Oklahoma's Lake Eufaula, with 459 boat slips plus fuel, dining, retail and a Jellystone RV and cabin resort; and Grafton Harbor in Grafton, Illinois, near the Mississippi and Illinois river confluence, with 252 slips, fuel and a floating pool. NexPoint reports total capitalization of roughly $42.7 million with no trust-level mortgage debt, a $100,000 minimum, and property management by New Haven Marinas.

Based on issuer-filed Form D notices through Jul 8, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Form D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering
- Offering size
- $42,710,095
- Total capitalization
- $42,710,095
- Total acquisition cost
- $38,716,701
- Min investment
- $100,000 (cash or 1031)
Financing
- Controlled reserves
- $1,350,000 ($915K CapEx, $235K working capital, $200K seasonal)
Management
- Property management
- New Haven Marinas
- Launched
- 2026-03-04 (NexPoint's first marina DST)
Details
- Loan to capitalization
- 0.0% (all-cash, no leverage)
- Note addresses
- Marina street addresses confirmed via operator websites (eufaulacovemarina.com, graftonharbor.com); Eufaula Cove also operated as Xtreme Cove Marina
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
Offering profile
Portfolio identity
NexPoint Marina DST holds two established full-service marinas 1. Eufaula Cove Marina sits at 400 Lakeshore Dr in Eufaula, Oklahoma, on Lake Eufaula — the largest lake entirely within Oklahoma at roughly 102,000 acres with 600-plus miles of shoreline. Grafton Harbor is located at 215 W Water St in Grafton, Illinois, along the northern shore of the Mississippi River near its confluence with the Illinois River, about 38 miles north of the St. Louis metro area 1.
Asset detail
Eufaula Cove features a comprehensive dock system with 459 marina slips and 8 jet ski slips, plus ancillary revenue from fuel, food and beverage, retail, and a Jellystone-branded RV and cabin resort. Grafton Harbor is a hospitality-oriented marina with 252 marina slips and 25 jet ski slips, fuel services, a floating pool, and transient demand from Great American Loop travelers 4. Property management is provided by New Haven Marinas 2.
Capitalization and structure
NexPoint reports a total acquisition cost of $38,716,701 and total controlled reserves of $1,350,000 — comprising $915,000 CapEx reserves, $235,000 DST working capital, and $200,000 seasonal reserves — for total capitalization of $42,710,095, as of March 4, 2026 1. The offering is sized at $42,710,095 with a $100,000 minimum purchase for accredited investors 1. The sponsor states a loan-to-capitalization of 0.0%, with no mortgage debt at the trust level, and describes this as its first marina-focused DST offering 25.
Offering filing
A Form D/A filed on July 8, 2026 reported a total offering amount of $42,710,095 and total sold of $41,961,324 as of that date 3.
In the news
Frequently asked questions
Is Eufaula Cove Marina & Grafton Harbor Marina currently active?
Eufaula Cove Marina & Grafton Harbor Marina is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Eufaula Cove Marina & Grafton Harbor Marina?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.
