One Riverwalk
Multifamily property in Knoxville, TN — sponsored by Passco Companies
Files with the SEC as Passco One Riverwalk DST
Minimum investment
$25k
Offering size
$74.7M
How much has sold
1.0%
Asset type
Multifamily property
Location
Knoxville, TN
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?
One Riverwalk 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
- Knoxville, TN
- Property size
- 303 units
How did it end?
No sale or other ending on record
Trust's property (One Riverwalk, 303-unit luxury multifamily, Knoxville, TN, acquired Nov 2023 for ~$120.7M) remains in Passco's current managed portfolio as of December 31, 2025, and JRW shows the One Riverwalk DST as Active/Reviewed with 4.74% annual cash flow [1][2][4].
Two five-story residential buildings with a mix of studio, 1-, and 2-bedroom units averaging ~884 sq ft. Acquired jointly by Passco Companies and Greystone for $124.1M (Passco/One Riverwalk press release) or reported as ~$120.7M by Multi-Housing News. Passco One Riverwalk DST raised up to ~$74.7M from accredited investors. The property was built in 2019 and was 97% occupied at acquisition. Price per unit reported near $410,000.
303 unitsSupporting evidence
Who's behind it?
- Sponsor
- Passco Companies
- Legal Trust name
- Passco One Riverwalk 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 One Riverwalk?
Top1031 lists One Riverwalk as historical. It is no longer raising money.
Where does Top1031 get the data for One Riverwalk?
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, Greystone Acquire Knoxville Luxury Asset for $121MTrade coverage of Passco/Greystone acquisition of the 303-unit One Riverwalk luxury community in Knoxville for ~$120.7M, identifying the Passco One Riverwalk DST. PASSCO CLOSES ON LARGEST APARTMENT ACQUISITION IN PASSCO HISTORYPassco press release announcing close of acquisition of the 303-unit One Riverwalk community in Knoxville, TN for $124.1M and formation of the Passco One Riverwalk DST. Passco/Greystone Joint Venture Acquires $124 Million Tennessee Property for DST OfferingAltsWire reports the Passco One Riverwalk DST placement will seek to raise up to $74.7M from accredited investors, referencing the $124.1M acquisition price. Knoxville apartments One Riverwalk sold on South WaterfrontLocal paper reports the $124M sale of One Riverwalk to Passco/Greystone with price-per-unit near $410,000.