NexPoint Launches NexPoint DST Backed by Two Marinas

NexPoint, a multibillion-dollar alternative investment firm, announced the launch of NexPoint Marina DST, a Delaware statutory trust offering. The offering is backed by two established, full-service marina properties: Eufaula Cove Marina in Eufaula, Oklahoma, and Grafton Harbor in Grafton, Illinois.

With a total acquisition cost of approximately $38.7 million and a total capitalization of $42.7 million, NexPoint Marina DST represents an attractive long-term investment opportunity supported by durable boating demand, limited new marina supply and the strong operating performance of two premier waterfront destinations.

Eufaula Cove Marina is located on Lake Eufaula, the largest lake entirely within Oklahoma. The facility features a comprehensive dock system, 459 marina slips and eight jet ski slips, and multiple ancillary revenue sources including fuel, food and beverage, retail sales and a Jellystone-branded RV and cabin resort.

Grafton Harbor, situated along the Mississippi River near its confluence with the Illinois River, is a hospitality-oriented marina with 252 marina slips and 25 jet ski slips, fuel services, a floating pool and strong transient demand from river travelers navigating the Great Loop.

The U.S. marina industry benefits from sustained recreational boating participation, structural supply constraints and high tenant retention. Waterfront development barriers, environmental permitting complexity, and scarcity of suitable land continue to limit new marina construction, supporting occupancy and pricing strength for existing assets.