Cove Capital Investments, a leading Delaware Statutory Trust sponsor, has announced the successful acquisition of an industrial property in Athens, Georgia. This asset, known as the General Time Industrial Park Opportunity 84 DST, represents Cove Capital's ongoing strategy to expand their debt-free real estate portfolio for 1031 exchange and direct investment. Managed under a Regulation D, Rule 506(c) offering, the acquisition aims to raise $16,527,966. Managing Members Dwight Kay and Chay Lapin emphasize the asset's strategic location and its transformative potential within Athens' burgeoning mixed-use development landscape.

Situated in the heart of a 35-acre mixed-use area, General Time Industrial Park offers 113,157 square feet of commercial space. The site benefits from a redevelopment effort between 2018-2021 that included modern construction and a revised site plan, resulting in enhanced accessibility and distinctively parceled lots. It currently houses two well-established businesses, further solidifying the investment's appeal to accredited investors. Encouraging participation via 1031 exchanges or direct cash investments, Cove Capital underscores the opportunity's alignment with their investment philosophy of minimizing risk through debt-free properties.

Chay Lapin highlights the advantages of investing in this property, noting its proximity to upcoming residential and commercial facilities. The former Westclox factory and adjoining land are poised for redevelopment into a dynamic hub featuring dining, retail, residential, and entertainment spaces. This strategic initiative aligns with Cove Capital's commitment to high-quality acquisitions in appealing markets, aiming to foster a "live-work-play" community that defines modern urban living in Athens.

This acquisition is a testament to Cove Capital's dedication to curating a robust portfolio exceeding 2.5 million square feet, distributed across 33 states. With over 1,800 investors trusting their platform over the years, Cove Capital continues to attract those seeking secure, risk-mitigated investment options with no mortgage and no foreclosure risk. Interested parties can explore Cove Capital's current investment offerings or direct inquiries to the company via their official website or contact channels.

Potential investors are reminded of the inherent risks associated with real estate and DST investments, including market volatility, tenant turnover, and regulatory challenges. All investment decisions should be made post thorough scrutiny of relevant offering documents and consultations with financial advisors. Securities are offered through FNEX Capital, ensuring compliance with FINRA and SIPC standards.