# Passco full-cycle data

Source: https://baker1031.com/data/full-cycle/sponsors/passco

Compiled: 2026-11-03. Source workbook: full_cycle_sponsor_summary_reviewed.xlsx; SHA-256: 57b6a4f1684fe8705993e9ddbe73bdadc275be6df22e56a12153298457264a8e. This date describes the compilation, not the currency of every underlying record.

## Data limitations and educational use

This data was collected from sponsor materials and manually entered into a data file for analysis. Transcription, calculation or classification errors may exist. The compilation has not been independently audited or verified for correctness, completeness or currency. Consult the current private placement memorandum (PPM), its supplements and sponsor reports for complete, up-to-date track-record information.

Displayed metrics use the higher endpoint of each reported range, including averages and medians of those values. Selecting higher return or multiple endpoints presents the more favorable source case. These figures do not establish typical or expected performance. Original ranges remain in the underlying data and source materials.

Some source data is dated, estimated or based on valuations rather than cash exits. Sponsors may use different periods, fees, return definitions and calculation methods, making direct comparisons unreliable or impossible. Available histories may be incomplete or selected, and exclusions and missing values affect each metric’s sample. Averages are not pooled investor returns or a ranking of sponsors.

For educational purposes only. This data is not investment, tax or legal advice, a recommendation, or an offer to buy or sell securities. Past performance does not guarantee or predict future results. Real estate securities are speculative and illiquid; distributions are not guaranteed and investors may lose their entire investment.

## Data coverage

<a id="data-coverage"></a>

| Measure | Value |
| --- | --- |
| Investment histories | 837 |
| Sponsors covered (25 with histories) | 39 |
| Annual-return observations | 737 |

Source basis: Investor (fees unspecified).

<a id="sponsor-summary"></a>

| Metric | Value |
| --- | --- |
| Offerings listed | 76 |
| Avg. annual return | 8.64% |
| Avg. hold (years) | 7.07 |
| Avg. equity multiple | 0.59x |
| Success Rate | 84.21% |

<a id="sponsor-comparison-facts"></a>

| Field | Value |
| --- | --- |
| Median annual return | 8.70% |
| Source-estimated results | 0 |
| Valuation-qualified outcomes | 0 |
| Outcomes inferred from return signs | 75 |

<a id="investment-histories"></a>

| Investment | Sponsor | Property type | Location | Start | End | Hold years | Annual return | Multiple | IRR | Outcome |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| [1000 West](https://baker1031.com/data/full-cycle/investments/96d539dcdd52542b.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Charleston, SC | 2016-12-28 | 2021-12-01 | 4.93 | 16.64% | Unavailable | Unavailable | Break-even or better |
| [Almeria at Ocotillo](https://baker1031.com/data/full-cycle/investments/47e876fb7eed9d9c.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Chandler, AZ | 2016-08-12 | 2021-03-23 | 4.61 | 20.20% | Unavailable | Unavailable | Break-even or better |
| [Arlington](https://baker1031.com/data/full-cycle/investments/30a36b3783823044.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Spanish Fort, AL | 2015-05-22 | 2021-02-16 | 5.75 | 8.38% | Unavailable | Unavailable | Break-even or better |
| [Asheville Exchange](https://baker1031.com/data/full-cycle/investments/6e00c16230a10be3.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Asheville, NC | 2018-10-25 | 2024-09-19 | 5.91 | 11.24% | Unavailable | Unavailable | Break-even or better |
| [Autumn Breeze](https://baker1031.com/data/full-cycle/investments/b22721b3b00b5a44.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Noblesville, IN | 2013-05-23 | 2020-03-17 | 6.82 | 7.53% | Unavailable | Unavailable | Break-even or better |
| [Azure](https://baker1031.com/data/full-cycle/investments/14af59c2d372a351.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | St. Petersburg, FL | 2015-03-06 | 2019-12-19 | 4.79 | 10.81% | Unavailable | Unavailable | Break-even or better |
| [Brier Creek](https://baker1031.com/data/full-cycle/investments/a8d7f837886d5bc6.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Raleigh, NC | 2014-03-27 | 2019-10-23 | 5.58 | 7.44% | Unavailable | Unavailable | Break-even or better |
| [Broad River Trace](https://baker1031.com/data/full-cycle/investments/599030120c1136c2.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Columbia, SC | 2012-08-09 | 2019-06-21 | 6.87 | 7.27% | Unavailable | Unavailable | Break-even or better |
| [Cambridge (private investor)](https://baker1031.com/data/full-cycle/investments/4961dc93fec1a0fd.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Multifamily | Lynwood, WA | 2008-08-08 | 2016-01-14 | 7.44 | 5.86% | Unavailable | Unavailable | Break-even or better |
| [Carrington Apartments](https://baker1031.com/data/full-cycle/investments/22a1cac57ff6c74c.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Montgomery, AL | 2010-05-18 | 2017-04-26 | 6.95 | 7.00% | Unavailable | Unavailable | Break-even or better |
| [Chandler Heights Marketplace](https://baker1031.com/data/full-cycle/investments/8e464265b082a337.md) [41](#note-41) [45](#note-45) | Passco | Retail | Chandler, AZ | 2006-12-29 | 2016-09-15 | 9.72 | -4.53% | Unavailable | Unavailable | Reported loss |
| [Columns at Wakefield](https://baker1031.com/data/full-cycle/investments/f71acc3213866f3f.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Raleigh, NC | 2014-06-18 | 2020-10-26 | 6.36 | 12.54% | Unavailable | Unavailable | Break-even or better |
| [Courtney Village](https://baker1031.com/data/full-cycle/investments/fb73bb8095236c74.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Phoenix, AZ | 2005-02-25 | 2016-06-08 | 11.29 | 8.42% | Unavailable | Unavailable | Break-even or better |
| [Creekwalk Village](https://baker1031.com/data/full-cycle/investments/160081e1b3b5a1bf.md) [41](#note-41) [45](#note-45) | Passco | Retail | Plano, TX | 2007-04-20 | 2017-04-25 | 10.02 | -1.52% | Unavailable | Unavailable | Reported loss |
| [CVS Pharmacy - PC Master Fund I (4 properties)](https://baker1031.com/data/full-cycle/investments/c314fcdb139e7d03.md) [41](#note-41) [45](#note-45) | Passco | Retail | (3) TX, (1) (CA) | 2010-12-17 | 2020-07-23 | 9.61 | 5.13% | Unavailable | Unavailable | Break-even or better |
| [Desert Parks Vista (private investor)](https://baker1031.com/data/full-cycle/investments/0bee9bb110961a5c.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Multifamily | Scottsdale, AZ | 2010-06-15 | 2018-11-30 | 8.47 | 10.82% | Unavailable | Unavailable | Break-even or better |
| [Eastwind - Additional Investment](https://baker1031.com/data/full-cycle/investments/3d3c51fa1657d3b4.md) [41](#note-41) [45](#note-45) | Passco | Retail | Las Vegas, NV | 2012-12-18 | 2018-03-28 | 5.28 | 21.52% | Unavailable | Unavailable | Break-even or better |
| [Eastwind Center](https://baker1031.com/data/full-cycle/investments/1c601d40d0256317.md) [41](#note-41) [45](#note-45) | Passco | Retail | Las Vegas, NV | 2004-08-24 | 2018-03-28 | 13.60 | -2.19% | Unavailable | Unavailable | Reported loss |
| [Enclave at Rivergate](https://baker1031.com/data/full-cycle/investments/8eacd9260cc2ffcd.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Charlotte, NC | 2012-12-28 | 2018-04-24 | 5.32 | 12.35% | Unavailable | Unavailable | Break-even or better |
| [Encore at the Park](https://baker1031.com/data/full-cycle/investments/f4b7edc3fb0fb6a3.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Durham, NC | 2013-07-15 | 2018-03-05 | 4.64 | 10.04% | Unavailable | Unavailable | Break-even or better |
| [Estates at Crossroads](https://baker1031.com/data/full-cycle/investments/bc1ba83e602de35d.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Duluth, GA | 2015-10-08 | 2021-06-30 | 5.73 | 21.20% | Unavailable | Unavailable | Break-even or better |
| [Four Winds](https://baker1031.com/data/full-cycle/investments/e2fd0a74938f4c43.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Overland Park, KS | 2005-12-22 | 2015-12-03 | 9.95 | 3.52% | Unavailable | Unavailable | Break-even or better |
| [Glen at Alexander](https://baker1031.com/data/full-cycle/investments/99d25c66f8e896e8.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Augusta, GA | 2012-12-14 | 2019-07-29 | 6.62 | 10.16% | Unavailable | Unavailable | Break-even or better |
| [Greenwood Reserve](https://baker1031.com/data/full-cycle/investments/69bc2cb9eb47a7fa.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Olathe, KS | 2017-10-18 | 2022-05-02 | 4.54 | 15.21% | Unavailable | Unavailable | Break-even or better |
| [Hanford Mall](https://baker1031.com/data/full-cycle/investments/4deb40f5f2e26f0e.md) [41](#note-41) [45](#note-45) | Passco | Retail | Hanford, CA | 2003-11-18 | 2019-12-17 | 16.09 | -2.86% | Unavailable | Unavailable | Reported loss |
| [Haven](https://baker1031.com/data/full-cycle/investments/248fba41957fd957.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Brevard, FL | 2017-05-18 | 2021-12-15 | 4.58 | 18.96% | Unavailable | Unavailable | Break-even or better |
| [Hickory Hollow](https://baker1031.com/data/full-cycle/investments/7cbe1350e5779e0f.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Antioch, TN | 2014-08-14 | 2019-09-18 | 5.10 | 19.83% | Unavailable | Unavailable | Break-even or better |
| [Ivy](https://baker1031.com/data/full-cycle/investments/92236c66054049aa.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Orlando, FL | 2016-04-29 | 2021-05-27 | 5.08 | 3.15% | Unavailable | Unavailable | Break-even or better |
| [Lake Mead Square (Private Investor)](https://baker1031.com/data/full-cycle/investments/e62cb03d7ddc1268.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Retail | N. Las Vegas, NV | 2017-08-25 | 2020-03-06 | 2.53 | 7.87% | Unavailable | Unavailable | Break-even or better |
| [Laveen MarketPlace](https://baker1031.com/data/full-cycle/investments/74bc468c44528e58.md) [41](#note-41) [45](#note-45) | Passco | Retail | Phoenix, AZ | 2007-07-11 | 2017-08-18 | 10.11 | -5.44% | Unavailable | Unavailable | Reported loss |
| [Legends at Indian Springs](https://baker1031.com/data/full-cycle/investments/4ccab94809ed5290.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Louisville, KY | 2011-11-17 | 2017-05-31 | 5.54 | 12.80% | Unavailable | Unavailable | Break-even or better |
| [Legends at Wolfchase](https://baker1031.com/data/full-cycle/investments/337305b4f99b24c9.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Bartlett (Memphis), TN | 2012-06-14 | 2019-06-10 | 6.99 | 9.24% | Unavailable | Unavailable | Break-even or better |
| [Lexington](https://baker1031.com/data/full-cycle/investments/7eb4180461a14f71.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Nashville, TN | 2015-08-12 | 2020-11-24 | 5.29 | 8.75% | Unavailable | Unavailable | Break-even or better |
| [Lincoln Plaza](https://baker1031.com/data/full-cycle/investments/5aacb16a1ff24475.md) [41](#note-41) [45](#note-45) | Passco | Retail | Tacoma, WA | 2006-04-13 | 2016-04-29 | 10.05 | 3.40% | Unavailable | Unavailable | Break-even or better |
| [Lively at Carolina Forest](https://baker1031.com/data/full-cycle/investments/bb2712053b4491fd.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Myrtle Beach, SC | 2018-10-03 | 2022-06-30 | 3.74 | 20.97% | Unavailable | Unavailable | Break-even or better |
| [Lone Oak](https://baker1031.com/data/full-cycle/investments/f83345cf168b45e6.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Round Rock, TX | 2015-08-25 | 2020-10-13 | 5.14 | 8.65% | Unavailable | Unavailable | Break-even or better |
| [Longitude 81](https://baker1031.com/data/full-cycle/investments/379b8c58e0bb28d0.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Estero, FL | 2017-04-28 | 2023-06-21 | 6.15 | 13.85% | Unavailable | Unavailable | Break-even or better |
| [Longitude 82](https://baker1031.com/data/full-cycle/investments/ee94a6e0d262efd6.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Sarasota, FL | 2018-05-24 | 2022-11-29 | 4.52 | 16.07% | Unavailable | Unavailable | Break-even or better |
| [Luxe Scottsdale](https://baker1031.com/data/full-cycle/investments/38231a8be270390b.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Scottsdale, AZ | 2015-12-17 | 2019-12-20 | 4.01 | 7.72% | Unavailable | Unavailable | Break-even or better |
| [Madison at Fairwood](https://baker1031.com/data/full-cycle/investments/4eb6d5853a74088d.md) [41](#note-41) [46](#note-46) | Passco | Multifamily | Renton, WA | 2008-02 | 2014-06 | 6.33 | -7.35% | 0.59x | Unavailable | Reported loss |
| [Marcus Pointe Grande Apartments](https://baker1031.com/data/full-cycle/investments/4685d2f0c049197c.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Pensacola, FL | 2011-04-08 | 2017-06-08 | 6.17 | 11.92% | Unavailable | Unavailable | Break-even or better |
| [Mariner Grove](https://baker1031.com/data/full-cycle/investments/b38967aca0e83a70.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Savannah, GA | 2017-12-20 | 2022-06-14 | 4.48 | 20.60% | Unavailable | Unavailable | Break-even or better |
| [Marisol](https://baker1031.com/data/full-cycle/investments/8ba4ca3bc74c40a6.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Viera, FL | 2016-12-21 | 2024-08-29 | 7.69 | 9.35% | Unavailable | Unavailable | Break-even or better |
| [Meadows at Home Place](https://baker1031.com/data/full-cycle/investments/53b61592972567af.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Prattville, AL | 2017-12-21 | 2024-07-09 | 6.55 | 8.32% | Unavailable | Unavailable | Break-even or better |
| [Merritt at Sugarloaf](https://baker1031.com/data/full-cycle/investments/d7f09c457bc43277.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Duluth, GA | 2018-03-08 | 2022-11-22 | 4.71 | 19.56% | Unavailable | Unavailable | Break-even or better |
| [Mission Ridge](https://baker1031.com/data/full-cycle/investments/19f42aacccf6b785.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Multifamily | Renton, WA | 2007-06-29 | 2015-12-01 | 8.43 | -4.10% | Unavailable | Unavailable | Reported loss |
| [Montclair Plaza](https://baker1031.com/data/full-cycle/investments/f1b43aafeefcea1c.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Retail | Montclair, CA | 2006-01-12 | 2015-12-01 | 9.89 | 1.11% | Unavailable | Unavailable | Break-even or better |
| [Olathe Station](https://baker1031.com/data/full-cycle/investments/6f9c021804822dca.md) [41](#note-41) [45](#note-45) | Passco | Retail | Olathe, KS | 2004-12-29 | 2018-05-24 | 13.41 | -5.69% | Unavailable | Unavailable | Reported loss |
| [Ovation at Tempe Apartments](https://baker1031.com/data/full-cycle/investments/c676b578f2b024b5.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Multifamily | Tempe, AZ | 2014-08 | 2017-07 | 2.92 | 24.80% | Unavailable | Unavailable | Break-even or better |
| [Overlook](https://baker1031.com/data/full-cycle/investments/74f7c23774890887.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Nashville, TN | 2016-04-05 | 2021-04-08 | 5.01 | 9.42% | Unavailable | Unavailable | Break-even or better |
| [Parkcrest Landings](https://baker1031.com/data/full-cycle/investments/abd46667c0f1b17a.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Bradenton, FL | 2016-08-26 | 2023-09-29 | 7.10 | 10.70% | Unavailable | Unavailable | Break-even or better |
| [Parker](https://baker1031.com/data/full-cycle/investments/0fc089dd60abefc0.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Alexandria, VA | 2017-09-28 | 2022-03-21 | 4.48 | 6.33% | Unavailable | Unavailable | Break-even or better |
| [Pearce at Pavilion](https://baker1031.com/data/full-cycle/investments/d263b3886f571a0a.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Riverview, FL | 2017-05-31 | 2023-12-28 | 6.58 | 9.55% | Unavailable | Unavailable | Break-even or better |
| [Pinnacle Village Marketplace](https://baker1031.com/data/full-cycle/investments/7df53d3ca07f0727.md) [41](#note-41) [45](#note-45) | Passco | Retail | Overland Park, KS | 2007-08-30 | 2018-07-19 | 10.89 | -6.01% | Unavailable | Unavailable | Reported loss |
| [Point at Tamaya](https://baker1031.com/data/full-cycle/investments/b486d73e0d1fc441.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Jacksonville, FL | 2018-07-06 | 2024-12-12 | 6.44 | 4.42% | Unavailable | Unavailable | Break-even or better |
| [Raveneaux](https://baker1031.com/data/full-cycle/investments/bd64b746b14226e0.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Houston, TX | 2006-08-23 | 2016-03-31 | 9.61 | 8.40% | Unavailable | Unavailable | Break-even or better |
| [River Oaks Self Storage](https://baker1031.com/data/full-cycle/investments/5b8251e8730789e4.md) [41](#note-41) [45](#note-45) | Passco | Self Storage | Houston, TX | 2018-02-22 | 2026-03-04 | 8.03 | -0.61% | Unavailable | Unavailable | Reported loss |
| [Shelby](https://baker1031.com/data/full-cycle/investments/d1ed76e95d8edbde.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Alexandria, VA | 2016-03-08 | 2021-11-04 | 5.66 | 4.70% | Unavailable | Unavailable | Break-even or better |
| [Silver City Plaza](https://baker1031.com/data/full-cycle/investments/7082b7d43570ed7c.md) [41](#note-41) [45](#note-45) | Passco | Retail | Las Vegas, NV | 2004-12-16 | 2019-12-27 | 15.04 | 10.49% | Unavailable | Unavailable | Break-even or better |
| [Stonegate Apartments](https://baker1031.com/data/full-cycle/investments/ad25d7bade9b5089.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Birmingham, AL | 2012-07-06 | 2018-07-12 | 6.02 | 6.44% | Unavailable | Unavailable | Break-even or better |
| [Sundance Creek](https://baker1031.com/data/full-cycle/investments/1ff39a07f0446f9f.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | McDonough, GA | 2010-11-02 | 2016-07-15 | 5.70 | 12.33% | Unavailable | Unavailable | Break-even or better |
| [The Resort at Lake Crossing](https://baker1031.com/data/full-cycle/investments/fc64784fff2fd8f1.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Lexington, KY | 2008-06-30 | 2016-12-12 | 8.46 | 2.37% | Unavailable | Unavailable | Break-even or better |
| [The Summit ( Mosaic Hills) (private investor)](https://baker1031.com/data/full-cycle/investments/50709ecd5d89328d.md) [41](#note-41) [45](#note-45) [46](#note-46) | Passco | Multifamily | Kent, WA | 2008-09-08 | 2016-08-09 | 7.92 | 5.40% | Unavailable | Unavailable | Break-even or better |
| [The Village at Orange](https://baker1031.com/data/full-cycle/investments/6b7812bc89263c77.md) [41](#note-41) [45](#note-45) | Passco | Retail | Orange, CA | 2004-10-18 | 2016-10-31 | 12.04 | -5.83% | Unavailable | Unavailable | Reported loss |
| [The Village at Orange-Additional Investment](https://baker1031.com/data/full-cycle/investments/795d8541dd2ed4bd.md) [41](#note-41) [45](#note-45) | Passco | Retail | Orange, CA | 2013-09-14 | 2016-10-31 | 3.10 | 9.48% | Unavailable | Unavailable | Break-even or better |
| [Turkey Creek](https://baker1031.com/data/full-cycle/investments/55fc98822a740fbe.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Knoxville, TN | 2019-10-17 | 2025-09-17 | 5.92 | 15.30% | Unavailable | Unavailable | Break-even or better |
| [Twenty25](https://baker1031.com/data/full-cycle/investments/5d7491582792f6f8.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Kennesaw, GA | 2014-11-25 | 2021-05-07 | 6.45 | 21.19% | Unavailable | Unavailable | Break-even or better |
| [Two Blocks](https://baker1031.com/data/full-cycle/investments/66a51e36253e58c7.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Dunwoody, GA | 2016-11-21 | 2021-11-10 | 4.97 | 16.08% | Unavailable | Unavailable | Break-even or better |
| [Veranda at Norton](https://baker1031.com/data/full-cycle/investments/da38cb71a796eb92.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Prospect, KY | 2016-07-26 | 2022-05-25 | 5.83 | 14.64% | Unavailable | Unavailable | Break-even or better |
| [Villa Toscana](https://baker1031.com/data/full-cycle/investments/27cc2750ca3adf67.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Houston, TX | 2005-10-17 | 2018-12-21 | 13.19 | 11.65% | Unavailable | Unavailable | Break-even or better |
| [Village at Lionsgate](https://baker1031.com/data/full-cycle/investments/e89df0124f3b159e.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Overland Park, KS | 2007-12-06 | 2017-08-10 | 9.68 | 7.07% | Unavailable | Unavailable | Break-even or better |
| [Vinings at Laurel Creek](https://baker1031.com/data/full-cycle/investments/986a99977601e72b.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Greenville, SC | 2014-10-08 | 2021-06-10 | 6.68 | 10.15% | Unavailable | Unavailable | Break-even or better |
| [Voyager at the Space Center](https://baker1031.com/data/full-cycle/investments/1e0a3696475e09a2.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Nassau Bay, TX | 2017-04-25 | 2021-12-21 | 4.66 | 7.06% | Unavailable | Unavailable | Break-even or better |
| [Vue21](https://baker1031.com/data/full-cycle/investments/b29ee5d8c7a6bfba.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Colorado Springs, CO | 2013-11-26 | 2018-03-29 | 4.34 | 14.49% | Unavailable | Unavailable | Break-even or better |
| [Wakefield Glen](https://baker1031.com/data/full-cycle/investments/7f0069ff5b6b19cd.md) [41](#note-41) [45](#note-45) | Passco | Multifamily | Raleigh, NC | 2013-11-26 | 2018-03-05 | 4.27 | 4.98% | Unavailable | Unavailable | Break-even or better |
| [Warminster (2 Industrial Bldgs)](https://baker1031.com/data/full-cycle/investments/5008baae2978eaec.md) [41](#note-41) [45](#note-45) | Passco | Industrial | Warminster, PA | 2008-11-26 | 2021-08-25 | 12.75 | -0.04% | Unavailable | Unavailable | Reported loss |

## Footnotes

<a id="note-33"></a>

### 33. Passco: source basis and comparison samples

Source basis: Investor (fees unspecified). 76 investments are listed. Annual return: 76 available; Hold period: 76 available; Equity multiple: 1 available; Success Rate: 76 available. Missing values and the specific exclusions determine each metric’s sample. Qualifications: 75 outcomes inferred from return signs, assuming conventional cash flows; 8 histories have unconfirmed investor structures; inclusion does not establish 1031 eligibility.

<a id="note-41"></a>

### 41. Source-reported annual return

The annual return is reported by the source. Source AAR definitions, fees and periods can differ, so direct comparison may be unreliable. Consult the investment’s source definition and current PPM.

<a id="note-45"></a>

### 45. Outcome inferred from a return sign

The nominal break-even outcome is inferred from the sign of a reported lifetime return or IRR, assuming conventional cash flows. This is a qualified inference rather than a cash-confirmed multiple.

<a id="note-46"></a>

### 46. Investor structure unconfirmed

The source does not confirm the investor security structure. The property history remains in the broad screen; inclusion does not establish 1031 eligibility.

## Proprietary compilation and use

Baker 1031 Investments, LLC’s selection, organization, annotations and presentation form a proprietary compilation. Underlying sponsor materials and third-party content remain subject to their respective owners’ rights. No open-data or redistribution license is granted. Contact Baker 1031 for permission to reproduce the compilation.

Methods: https://baker1031.com/data/full-cycle/methodology.md

Securities offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. Contact: hello@baker1031.com.

