Encore (a.k.a. The Encore)
Multifamily (Class-A luxury apartments) property in Belton, MO — sponsored by Passco Companies
Files with the SEC as PASSCO ENCORE DST
Minimum investment
$25k
Offering size
$42.5M
How much has sold
None sold yet
Asset type
Multifamily (Class-A luxury apartments) property
Location
Belton, MO
Financing
Not stated. The filings for this offering do not say whether it carries mortgage debt.
Sponsor-reported, from SEC filings and cited sources.
What is this, in one paragraph?
Encore (a.k.a. The Encore) combines the historical SEC filing record with the cited public sources we found for the property and its outcome. Use the chapters below to see what those sources establish, then use the source list to check the underlying materials.
Show sources (6)Hide sources (6)
These links support the historical public record; individual details may come from different sources.
On a 45-day clock? Find day 45 and day 180 from the sale date, then come back to this record.
What exactly is the property?
- Reported location
- Belton, MO
- Property size
- 322 units; 361,409 sq ft across 7 buildings (completed 2023, 96.27% occupied at launch); studio/1BR/2BR floor plans from 478–1,368 sq ft
How did it end?
No sale or other ending on record
Trust still owns and operates the property; JRW Investments lists Passco Encore DST as 'Active' (not Full Cycle), and re-transition.com shows the offering as 'Closed Offering' (equity raise complete; trust still operating the 322-unit Encore community in Belton, MO).
Originally developed by NorthPoint Development on an 11.6-acre site at the south side of 163rd Street / Turner Road intersection in Belton, MO. Offering amount $50,725,000; Passco Companies is sponsor. Completed 2023 at 96.27% occupancy at launch.
322 units; 361,409 sq ft across 7 buildings (completed 2023, 96.27% occupied at launch); studio/1BR/2BR floor plans from 478–1,368 sq ftSupporting evidence
Who's behind it?
- Sponsor
- Passco Companies
- Legal Trust name
- PASSCO ENCORE DST
- May convert to a REIT
- No
- Offerings from this sponsor
- 4 active / 31 total offerings from Passco Companies
Reported by the sponsor. Top1031 does not independently audit sponsor-reported figures.
What does the paperwork say?
- Form D filedFirst and latest filing on record.
- Filings on record
- 1
- How it may be offered
- Rule 506(c)May be advertised publicly. Every buyer’s accredited status must be verified.
- Source filing
- Read the filings on SEC EDGAR
A Form D is the notice a sponsor files when it starts raising money. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
Common questions
What happened to Encore (a.k.a. The Encore)?
Top1031 lists Encore (a.k.a. The Encore) as historical. It is no longer raising money.
Where does Top1031 get the data for Encore (a.k.a. The Encore)?
Top1031 builds this record from the sponsor’s own SEC filings and cited sponsor disclosures. Filings can lag what is happening now. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Chapter 7Passco Encore DST (marketplace profile)Marketplace profile for Passco Encore DST — closed offering of $50,725,000, 322-unit multifamily community in Belton, MO, completed 2023 at 96.27% occupancy.