Marinas DST 1031 EXCHANGE

NexPoint Marina DST

  • Eufaula, Oklahoma
  • Grafton, Illinois
  • Marina

Offering Snapshot

NexPoint believes this Offering presents an attractive long-term investment opportunity anchored by two established marina assets located in Eufaula, Oklahoma and Grafton, Illinois. The properties benefit from strong and durable demand for recreational boating, limited new supply of marina slips, and high historical occupancy. Each location serves as a regional destination marina, drawing both local and visiting boaters to irreplaceable waterfront sites with long-term operating histories, supporting stable cash flow and attractive risk-adjusted return potential.

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Acquisition Details

Total Acquisition Cost*

$38,716,701

Total Controlled Reserves**

$1,350,000

Total Capitalization

$42,710,095

Trust Highlights

Offering Size

$42,710,095

Minimum Purchase cash/1031

$100,000

Suitability

Accredited Investors Only

* The Total Acquisition Cost includes the payment for the Properties, Trust-controlled reserves, the DST Working Capital, the Contribution Fee, and Other Closing Costs.
** The $1,350,000 Controlled Reserves equals $915,000 in CapEx Reserves, $235,000 in DST Working Capital, and $200,000 in Seasonal Reserves.

Please review the entire Private Placement Memorandum (“PPM”) of NexPoint Marina DST (the “Trust”) prior to investing. This material does not constitute an offer to sell securities. Reference is made to the PPM for a statement of risks and terms of the offering (the “Offering”) of the Interests. The information set forth herein is qualified in its entirety by the PPM. All potential Purchasers must read the PPM and no person may invest without acknowledging the receipt and complete review of the PPM.

NexPoint Marina DST
Iconic Lake Eufaula

Eufaula Cove Marina is located on Lake Eufaula, the largest capacity lake fully within the state of Oklahoma, covering approximately 102,000 acres of surface water and over 600 miles of shoreline, offering expansive recreational boating, fishing, cruising, and water sports opportunities. The lake sits on the Canadian River near the city of Eufaula, with scenic reservoir vistas, sandy beaches, and abundant wildlife, making it a highly desirable destination for boaters and outdoor enthusiasts.

Grafton Harbor

Grafton Harbor is a full-service destination marina located along the northern shore of the Mississippi River near its confluence with the Illinois River, one of the most trafficked and iconic boating corridors in the United States. Positioned approximately 38 miles north of the St. Louis metropolitan statistical area (“STL MSA”), the Grafton Property serves as a highly visible and accessible stop for regional and transient boaters navigating the Mississippi–Illinois River system. The Grafton Property benefits from strong tourism demand, limited competitive supply, and a reputation as a premier hospitality-oriented marina position throughout the investment period.

Marina DSTs

Why We Believe in Marina DSTs

We believe marina DSTs represent a compelling intersection
of durable demand, limited new supply, and diversified income streams within the broader real asset universe. Marinas provide essential infrastructure to the U.S. recreational boating industry, serving a growing base of boat owners who rely on long-term slip access, fueling, maintenance, and hospitality services.
Marina assets benefit from strong structural tailwinds, including constrained waterfront development, high barriers to entry, and sustained participation in recreational boating nationwide. When paired with professional management and multiple ancillary revenue sources, marinas have demonstrated the ability to generate stable cash flow with attractive downside protection.

Matt McGraner

Chief Investment Officer

Matthew McGraner is Chief Investment Officer at NexPoint Advisors, where he leads the strategic direction and operational execution of the firm’s real estate investment platform. With decades of experience spanning real estate, private equity, and law, Mr. McGraner plays a central role in sourcing and structuring investments, managing risk, and driving growth through fundraising, private placements, and joint ventures. Under his leadership, NexPoint has executed and financed approximately $18.4 billion in real estate transactions across diverse asset classes. His multidisciplinary background and deep industry insight continue to shape NexPoint’s investment strategy and expansion into new opportunities.

Paul Richards

Chief Financial Officer

Paul Richards is CFO at NexPoint Advisors, where he is responsible for overseeing all financial operations and capital management, driving strategic financial planning, managing investor relations, and guiding the firm’s fiscal health to support long-term growth and stakeholder value. Since joining NexPoint in 2014, he has led valuation analysis, product strategy, portfolio management, and due diligence efforts supporting billions in real estate transactions. Paul holds a B.S. in Accounting and an M.S. in Finance from Texas A&M University and is a licensed CPA.

 

D.C. Sauter

General Counsel

D.C. Sauter is General Counsel for Real Estate for NexPoint Advisors, L.P. Prior to joining NexPoint, he was a partner with Wick Phillips Gould & Martin, LLP, where his practice focused on all aspects of commercial real estate, including acquisitions, dispositions, entitlements, construction, financing, and leasing of industrial, office, retail, hotel, and multifamily assets. In addition to transactional matters, Sauter has significant experience in complex commercial disputes, foreclosures, and workouts.

 

Taylor Colbert

Director, Real Estate

Taylor Colbert is a director for real estate at NexPoint. He conducts due diligence and research on new investment ideas, performs valuation and benchmarking analysis, and manages investments in the existing real estate portfolio, providing support for NexPoint’s real estate team. Before joining NexPoint, he was an associate in private equity and senior fund analyst with a former NexPoint affiliate. Prior to this, he was employed by KPMG LLP as a senior audit associate in the Alternative Investment Group. He is a licensed CPA and a CFA charterholder.

Additional Resources

View Additional DST Open Offerings
A complete Guide to DSTs and 1031 Exchanges

Real Estate Track Record

In Total Gross Real Estate Acquisitions1
$ 0 B
In Real Estate Transactions in the Last 12 Months2
$ 0 M
Real Estate Acquisitions Since Inception
0

1. Real estate assets as of 12/31/2025, inclusive of affiliates.

2. Real estate assets acquired from January 1, 2012, to December 31, 2025, inclusive of affiliates.

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Any investment in NexPoint Marina DST, a Delaware Statutory Trust (“DST”), is highly speculative, illiquid, and involves a high degree of risk, including the potential loss of your entire investment. The photos in this brochure are of the actual Properties in this Offering. There are substantial risks in any investment program. This is not an offer to sell securities or a solicitation of an offer to buy securities.


An offer to sell interests (“Interests”) in NexPoint Marina DST (the “Parent Trust”) may be made only pursuant to the PPM, which is available upon request. Distributions are not guaranteed. Please review the entire PPM prior to investing. Reference is made to the PPM for a statement of risks and terms of the Offering. The information set forth herein is qualified in its entirety by the PPM. All potential investors must read the PPM and no person may invest without acknowledging receipt and complete review of the PPM. The offering of Interests (the “Offering”) is being made by means of the PPM only to accredited investors who meet minimum accreditation requirements, as well as suitability standards as determined by a qualified broker-dealer or investment advisor. The contents of this communication may not be relied upon in making an investment decision related to this Offering. All prospective investors must read the PPM, including the “Risk Factors” section, any discussion of fees and expenses, and other pertinent information prior to investing. These investment opportunities have not been registered under the Securities Act of 1933 and are being offered pursuant to an exemption therefrom and from applicable state securities laws. The information provided uses or includes information compiled from sources outside of NexPoint and its affiliates. While such information is believed to be reliable for the purposes used herein, neither NexPoint nor any of its affiliates assume any responsibility for the accuracy of the information.


An investment in an Interest is highly speculative and involves substantial risks including, but not limited to:

  • this is a “best-efforts” offering with no minimum raise or minimum escrow requirements;
  • the lack of liquidity and/or a public market for the Interests;
  • the holding of a beneficial interest in the Parent Trust with no voting rights with respect to the management or operations of the Trusts or in connection with the sale of the Properties;
  • risks associated with owning, financing, operating and leasing marina properties, and real estate generally, in Oklahoma, and more specifically, the McIntosh County, Oklahoma area and in Illinois, more specifically, the St. Louis, Missouri-Illinois Metropolitan Statistical Area;
  • risks associated with marina properties, such as occupancy rate or rent fluctuations, sensitivity to local economic activity, and population shifts;
  • risks specific to marina properties, such as vulnerability to fluctuating water levels, storm and flood-related damage, limited or disrupted dock access, potential changes in federal waterway regulations, and seasonal revenue variability;
  • risks associated with the Exchange Right;
  • risks associated with general market fluctuations such as recessions (global or local), the impact of pandemics (including the COVID-19 pandemic), and other systemic market or economic fluctuations of the communities in which the Properties exist;
  • the Trusts depend on the Master Tenants for revenue, and the Master Tenants depend on the end-user tenants for revenue and thus any default by the Master Tenants or the end-user tenants will adversely affect the Trusts’ operations;
  • performance of the Master Tenants under their respective Master Leases, including the potential for the Master Tenants to defer a portion of rent payable under such Master Leases;
  • reliance on the Master Tenants and the Property Manager engaged by the Master Tenants, to manage each of the Properties;
  • risks associated with the Holdings funding the Demand Notes that capitalize each of the Master Tenants;
  • lack of diversity of investment;
  • the existence of various conflicts of interest among the Sponsor, the Trusts, the Asset Managers, the Master Tenants, the Property Manager, and their affiliates;
  • material tax risks, including treatment of the Interests for purposes of Code Section 1031 and the use of exchange funds to pay acquisition costs, which may result in taxable boot;
  • the Interests not being registered with the Securities and Exchange Commission (the “SEC”) or any state securities commissions;
  • risks relating to the costs of compliance with laws, rules and regulations applicable to the Properties;
  • risks related to competition from properties similar to and near the Properties; and
  • the possibility of environmental risks related to the Properties.

 

NexPoint Securities, Inc., an entity under common control with the Sponsor, serves as the Managing Broker-Dealer of the Offering. The Managing Broker-Dealer was formed in November 2013 and is registered as a broker-dealer with the SEC and is a member of FINRA/SIPC.

PLEASE CONTACT YOUR ADVISOR WITH ANY QUESTIONS ABOUT THIS OFFERING.

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