NexPoint, a multibillion-dollar alternative investment firm, recently announced the launch of NexPoint Storage V DST, a Delaware Statutory Trust (DST) offering. The offering includes two Generation V (GenV) class A storage facilities located in Cape Coral, Fla., and Dundalk, Md. Both facilities will be managed by the industry-leading team at Extra Space Storage.
The properties included in the offering are situated in the Baltimore-Columbia-Towson, Md., and Cape Coral-Fort Meyers, Fla., metropolitan statistical areas (MSAs). Both MSAs have positive fundamentals that NexPoint believes will drive demand for storage facilities and provide value to investors. The offering, sized at $46 million, is open to accredited investors and is eligible for 1031 exchanges, with a minimum investment threshold of $100,000.
The Maryland storage property benefits from its location in an MSA with a stable and growing population and higher-than-expected employment growth, which coi
