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Passco Completes Largest Apartment Acquisition in Its History

One Riverwalk in Knoxville, Tennessee, Sells for $124.1 Million
Passco Cos. is offering up to $74.7 million in investment units in the newly acquired One Riverwalk in Knoxville, Tennessee. (CoStar)
Passco Cos. is offering up to $74.7 million in investment units in the newly acquired One Riverwalk in Knoxville, Tennessee. (CoStar)
CoStar News
November 30, 2023 | 5:26 P.M.

Passco Cos., a privately held, California-based company that specializes in offering assets to investors seeking to shelter capital gains from federal taxes, just completed the largest apartment purchase in its history.

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