Cove Diversified Portfolio 88 DST
| Asset Class: | Portfolio |
| Leverage: | 0% - All-Cash/Debt-Free |
| Location(s): | TX, SC, KY, CA, NY |
| Minimum Investment: | $100,000 |
| Offering Type: | DST |
| 1031 Exchange Qualified: | Yes |
Property Description
Cove Diversified Portfolio 88 DST is an all-cash/debt-free offering featuring five properties covering multiple asset classes, tenant companies, and geographic regions. The portfolio includes four single tenant net lease properties; those tenants are considered essential businesses that stayed open, paying rent during pandemics and recessions including a Tractor Supply Co., a Pepsi distribution center, & a Sunbelt Rentals building, and a corporate pharmacy. Additionally, there is a 100,000+ square-foot multi-tenant retail property with a prime location on the primary retail corridor in the local market.
This offering is an all-cash/debt-free DST investment with no risk of a lender foreclosure or need of taking on more debt in future 1031 exchanges. The offering provides investors will the full optionality with its potential 721 exchange UPREIT exit strategy. This is preferred in that investors will be given the choice as to whether they want to participate in the 721 exchange or not.
MSA Details
The properties are located in Quinlan, TX; Florence, SC; Paducah, KY; Encinitas, CA; and Frankfort, NY.
Property Highlights
- All-Cash/Debt-Free Offering
- Sponsor Co-Investment
- Significant Income Potential for Investors via Monthly ACH Direct Deposit*
- Diversified Portfolio of Five Properties Covering Multiple Geographic Locations, Asset Classes, and Tenant Companies*
Source: Brochure, PPM, Google Maps, CoStar
The market information provided above may not predict the future performance of the property.
*Distribution is not guaranteed and is subject to available cash flow. For further information about cash flow distributions from operations and capital events, please refer to the offering’s Private Placement Memorandum.
