Bascom Closes Off-Market 228-Unit Apartment Community in Westminster, Colorado for $16,614,000
IRVINE, Calif., Oct. 4, 2012 /PRNewswire/ — The Bascom Group, LLC has acquired Park Place at 92nd, a 228-unit apartment community in Westminster, Colorado for $16,614,000 or $72,868 per unit. Built in 1974, Park Place has a unit mix consisting of 37% one bedrooms, 47% two bedrooms, and 16% three bedroom units with an average size of 794 sq. ft. Each unit includes modern appliances, private patios/balconies, central HVAC, resurfaced countertops, ceiling fans, one piece tub surrounds, new flooring, and outside storage. Select units include two-tone paint with accent wall and brushed nickel finishes. Park Place is surrounded by major freeways including Interstate 25, 76, 270, and 70, as well as Highway 36 which provide easy access to all major job centers in the Denver metro.