Located in one of the most affluent neighborhoods in Salt Lake Valley, Miller Estates was under-managed by prior owner. Bascom upgraded the property with high-end unit interior renovation and washer & dryer hookup installation. These efforts allowed Bascom improve ocupancy, rental rates, and financial performance. 

City
Salt Lake City, Utah
Units
294
Renovation Budget
$3.8M (13,000/ unit)
Debt Partner

Mass Mutual Life Insurance Co.

Equity Partner

Babson Capital- Mezz