NexPoint Storage V DST
Self-storage property in Cape Coral, FL · sponsored by NexPoint
NexPoint Storage V DST was a DST sponsored by NexPoint that owned a self-storage property in Cape Coral, FL. Its last Form D, filed Jan 6, 2025, reports the offering fully sold.
How it ended
No outcome recorded · under 7 years
The last Form D, filed Jan 6, 2025, reports the offering fully sold.
Key facts
- Minimum investment
- $100,000From the Form D
- Offering size
- $46,439,932Equity offered, per the Form D
- Sold
- 100%Form D, Jan 6, 2025; the % is our arithmetic
- Investors reported
- Form D, Jan 6, 202599
- Selling commissions
- Form D Item 15; the % is our arithmetic$4,063,494 · 8.7% of offering
- Financing
- All cash. This offering reports no 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 →
Using this record to judge the sponsor? A licensed 1031 specialist from our affiliated partner can talk it through with you.
Ask a 1031 specialist about this recordFree. About: NexPoint Storage V DST. Top1031 is not a broker-dealer.What did NexPoint Storage V DST own?
Two multi-story, climate-controlled buildings the sponsor describes as Class-A, Generation-V: one in Cape Coral, Florida, within the Cape Coral–Fort Myers metro, and one in Dundalk, Maryland, in the Baltimore–Columbia–Towson metro. 2 NexPoint brought the pair to market as a 1031 offering in June 2024. 2 Street addresses, construction dates, and what the Trust paid for the properties are not in the public record located to date.
- Reported location
- Cape Coral, FL
- Property size
- Approximately 182,221 sq ft and ~1,475 units across two facilities
How was it financed, and what did it cost to sell?
The Form D filings for this Trust disclose no property-level debt terms, so the SEC record does not settle how the Offering was capitalized. 1 A third-party marketplace listing describes the Trust as carrying no debt, but it is undated and not confirmed by any filing. 5
Debt
- Financing
- All cash. This offering reports no mortgage debt.
Costs and terms from the Form D
- Selling commissions
- $4,063,494 · 8.7% of offering
- Finders’ fees
- $0
- Paid to officers, directors and promoters
- $1,078,640 · 2.3% of offeringForm D Item 16· The filing’s note: “Item 16 is an estimate of offering expenses and acquisition fees that may accrue to one or more Related Persons.”
- Broker-dealers named in the Form D
- 17 named in the Form D
Show the firms
- American Trust Investment Services, Inc. · CRD 3001
- Arkadios Capital · CRD 282710
- Aurora Securities · CRD 46147
- Calton & Associates, Inc. · CRD 20999
- Centaurus Financial, Inc. · CRD 30833
- DAI Securities, LLC · CRD 36673
- DFPG Investments, LLC · CRD 155576
- Emerson Equity LLC · CRD 130032
- FNEX Capital, LLC · CRD 166316
- Great Point Capital LLC · CRD 114203
- Huntwicke Securities, LLC · CRD 146993
- Independent Financial Group, LLC · CRD 7717
- Lightpath Capital, Inc. · CRD 34617
- McDermott Investment Services, LLC · CRD 154926
- Realized Financial, Inc. · CRD 22333
- Realta Equities, Inc. · CRD 23769
- Wealthforge Securities, LLC · CRD 152550
Individual representatives named in Item 12 are not listed.
- Date of first sale
- Jun 26, 2024
- Minimum investment
- $100,000
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 NexPoint Storage V DST?
NexPoint's 1031 platform runs a numbered series of self-storage trusts, and this was the fifth to launch. The Form D identifies NexPoint Real Estate Advisors IV, L.P. as sponsor, NSP V Parent Manager, LLC as manager and signatory trustee, and OSL Storage V Investment Co, LLC as the contributor of the property interests. 1 NexPoint's own DST listing page shows this Trust as closed, with an effective date of June 7, 2024. 4
- Sponsor
- Offerings on record
What does the SEC record show?
The Trust filed its first Form D — the brief notice an issuer files with the SEC for a private offering sold without registration — shortly after its first sale on June 26, 2024, then amended it roughly every two weeks as subscriptions came in. 1 The issuer stated the Offering was not intended to last more than one year. 1
- Legal Trust name
- NexPoint Storage V DST
- SEC CIK
- 2026219
- First Form D
- Jul 2, 2024
- Latest Form D
- Jan 6, 2025
- Filings on record
- 13
- 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/A | $46,439,932 | $46,439,932+$1,173,115 | 99+5 | EDGAR | |
| Form D/A | $46,439,932 | $45,266,817+$3,845,636 | 94+10 | EDGAR | |
| Form D/A | $46,439,932 | $41,421,181+$2,329,909 | 84+9 | EDGAR | |
| Form D/A | $46,439,932 | $39,091,272+$4,573,858 | 75+10 | EDGAR | |
| Form D/A | $46,439,932 | $34,517,414+$5,680,112 | 65+16 | EDGAR | |
| Form D/A | $46,439,932 | $28,837,302+$4,785,246 | 49+13 | EDGAR | |
| Form D/A | $46,439,932 | $24,052,056 | 36 | EDGAR | |
| Form D/A | $46,439,932 | $24,052,056+$9,048,666 | 36+11 | EDGAR | |
| Form D/A | $46,439,932 | $15,003,390+$1,256,290 | 25+4 | EDGAR | |
| Form D/A | $46,439,932 | $13,747,100+$2,781,728 | 21+5 | EDGAR | |
| Form D/A | $46,439,932 | $10,965,372+$7,225,892 | 16+7 | EDGAR | |
| Form D/A | $46,439,932 | $3,739,480+$1,303,667 | 9+7 | EDGAR | |
| Form D | $46,439,932 | $2,435,813 | 2 | EDGAR |
Show all 13 SEC Form D filings
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
- What happened to NexPoint Storage V DST?
- NexPoint Storage V DST is a Historical offering. The last Form D, filed Jan 6, 2025, reports the offering fully sold.
- What does this Trust actually own?
- Two self-storage facilities operated under the Extra Space Storage brand: one in Cape Coral, Florida, and one in Dundalk, Maryland, in the Baltimore area. NexPoint describes both as Class-A, Generation-V — its term for newer multi-story, climate-controlled buildings.
- Who operates the buildings?
- Extra Space Storage manages both facilities under its brand, per NexPoint's June 17, 2024 launch announcement. In a self-storage DST there is no corporate tenant on a long lease; the operator rents individual units month to month and the Trust's income depends on that ongoing leasing activity.
- Was the Trust leveraged?
- The public record does not resolve it. The Form D filings disclose no property-level debt terms, and while a third-party marketplace page describes the Trust as having no debt, that page is undated and unconfirmed by any filing. The offering documents would be the governing source.
- What was the minimum investment?
- $100,000, as reported in the Trust's Form D filings, and the Offering was open only to accredited investors — people meeting SEC income or net-worth thresholds. Ninety-nine investors were ultimately reported on the record; that count and the dollar figures appear in the sales data on this page.
- Is there a REIT conversion or 721 exit here?
- The record shows no 721/UPREIT feature — that is, no disclosed option to contribute the property into a REIT's operating partnership in exchange for OP units at the end of the hold. Nothing in the filings or sponsor announcements located describes such a conversion for this Trust.
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.