# Passco Riverside DST

> 265-unit apartment community on approximately 11.68 acres, offering 1-, 2-, and 3-bedroom apartment units.

Source: https://baker1031.com/invest/passco-riverside-dst


## Key terms

| Term | Value |
|---|---|
| Status | Closed |
| Property type | Multifamily |
| Sponsor | Passco |
| Location | Kentucky |
| Minimum investment | $25,000 |
| Year-1 projected distribution | 4.35% |
| Average projected distribution | 4.55% |
| Projected hold | 10 yrs |
| Offering size | $89,701,000 |
| Equity raise | $48,900,000 |
| Debt | $40,801,000 |
| Loan-to-value | 45.5% |
| 721 exit | Optional |

## Projected distributions by year

| Year | Projected distribution |
|---|---|
| Year 1 | 4.35% |
| Year 2 | 4.35% |
| Year 3 | 4.37% |
| Year 4 | 4.46% |
| Year 5 | 4.64% |
| Year 6 | 4.82% |
| Year 7 | 4.89% |
| Year 8 | 4.30% |
| Year 9 | 4.54% |
| Year 10 | 4.81% |

## Overview

265-unit apartment community on approximately 11.68 acres, offering 1-, 2-, and 3-bedroom apartment units. It consists of four residential buildings, five garage buildings, one maintenance garage/car wash building.

Unit amenities include eat-in island kitchens with pendant lighting, quartz countertops in kitchens, 42-inch custom cabinetry, stainless steel appliance package, subway tile kitchen backsplash, gooseneck kitchen faucet, granite vanity tops, vanities with double sinks, garden-style bathtubs, stand-alone showers, linen cabinets, designer plank flooring, 2-inch blinds, ceiling fan in living room, oversized closets, in-home washer and dryer, and patios/balconies.

Community amenities include a rooftop covered terrace with TV and dining, club-quality fitness center with yoga studio and outdoor fitness deck, two bark parks with agility courses, co-working space with business center, saltwater pool with sun shelf and night lighting, EV charging stations and a community recycling program, premium coffee and tea bar, fire pit with seating, controlled access buildings, self-service pet spa, bike storage and repair station, car care center, two summer kitchens with outdoor seating, community zen garden with meditation space.

Cincinnati is among the top markets in the country for rent growth, as modest construction activity during the pandemic and balanced population growth compared to other regions in the country helped maintain healthy rent growth over recent quarters.

Information reflects my offering records as of October 28, 2026 and may have changed. Projected distributions are the sponsor's estimates, are not guaranteed, may change or stop, and may include a return of capital. To request the offering documents, contact hello@baker1031.com or visit https://baker1031.com/invest/passco-riverside-dst.

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Securities are offered through Aurora Securities, Inc., member FINRA/SIPC. Baker 1031 Investments, LLC is independent of Aurora Securities, Inc. and is not a registered broker-dealer or investment adviser. This content is general education, not investment, tax, or legal advice, and is not an offer to buy or sell securities. Offers are made only through the offering documents to eligible investors, generally accredited investors. DST interests are illiquid, distributions are not guaranteed, and you can lose your entire investment.

Contact: Jerry Baker, Baker 1031 Investments · hello@baker1031.com · (415) 965-0552 · https://baker1031.com/contact