Passco Allure DST
Sponsored by Passco
280-unit apartment community on approximately 11.74 acres, offering, 1-, 2-, and 3-bedroom apartment units.
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Offering terms
- Minimum investment
- $25,000
- Yr 1 distribution
- 4.35%
- Avg distribution
- 4.40%
- Projected hold
- 10 yrs
- Offering size
- $107M
- Equity raise
- $58.6M
- Loan-to-value
- 45.2%
- 721 exit
- Optional
Projected distributions by year
Capital structure
- Equity
- $58,575,000
- Debt
- $48,350,000
- Total
- $106,925,000
Overview
280-unit apartment community on approximately 11.74 acres, offering, 1-, 2-, and 3-bedroom apartment units. It consists of 7 buildings; three 4-story residential buildings, three 1-story community buildings and one 1-story parking garage.
Unit amenities include open concept layout, chef-inspired kitchens, kitchen island w/breakfast bar, granite countertops, stainless steel appliance package, faux wood flooring, balconies or patios, generous walk-in closets, pantry, washer/dryer included, smart home locks with keyless entry, pet friendly, full-size luxe bathroom, 9’ and 10’ ceilings.
Community amenities include resort style salt water pool, 24-hour fully-equipped fitness center with children’s play area, golf simulator, theater room, arcade, EV charging stations, outdoor lounge, grilling areas, leash free pet park, indoor pet spa, yoga room, meditation room, massage room, three resident lounges, outdoor gaming area, splash pad, cyber cafe, meeting/conference room, media room, video game room, craft room, photography room, package room, bike storage, storage spaces.
The Virginia Beach-Chesapeake-Norfolk, VA-NC MSA is home to an estimated population of approximately 1,794,278 residents as of 2024, ranking it as the 37th largest metro in the United States by population (U.S. Census Bureau).
Offering documents 5
Projected distributions are the sponsor's estimates of annual cash flow on invested equity. They are not guaranteed, may change or stop, and may include a return of capital. LTV is the offering's debt divided by its total capitalization. Information reflects my offering records as of October 28, 2026 and may have changed. This page is not an offer to sell or a solicitation of an offer to buy any security; offers are made only through the offering documents to eligible investors.
