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Boulder Palm Sr Apts Sell for $10.4M California-based Bascom Group acquired the 183-unit Boulder Palm Senior Apartments at 4350 Boulder Hwy. in Las Vegas, NV for $10.35 million, or about $57,000 per unit, from BPLV LLC. Situated on four acres, the multifamily complex consists entirely of one-bedroom units averaging 462 square feet. Amenities include a fitness center, spa, laundry facility, and community game room. Doug Schuster and Vittal Ram of Newmark Grubb Knight Frank represented the seller. The buyer handled the sale in-house.
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Page 1: Boulder Palm Sr Apts Sell for $10.4M

Boulder Palm Sr Apts Sell for $10.4M

California-based Bascom Group acquired the 183-unit Boulder Palm Senior Apartments at 4350Boulder Hwy. in Las Vegas, NV for $10.35 million, or about $57,000 per unit, from BPLV LLC.

Situated on four acres, the multifamily complex consists entirely of one-bedroom units averaging 462square feet. Amenities include a fitness center, spa, laundry facility, and community game room.

Doug Schuster and Vittal Ram of Newmark Grubb Knight Frank represented the seller. The buyerhandled the sale in-house.

Page 2: Boulder Palm Sr Apts Sell for $10.4M

Please refer to CoStar COMPS #3302153 for more information on this transaction.

http://www.costar.com/News/Article/Boulder-Palm-Sr-Apts-Sell-for-$104M/171868?ref=/News/Article/Boulder-Palm-Sr-Apts-Sell-for-$104M/171868&src=rss