![]() Bascom will modernize the fitness center, clubhouse, and pool areas while repurposing the putting green into a central park that's activated with a shaded play structure, BBQ station, seating areas, and landscaping. The Property consists of 52% one- and 48% two-bedroom floorplans and features a fitness center, resident clubhouse, pool and BBQ area, and a putting green. ![]() Las Vegas continues to exceed expectations in part due to the region's tremendous quality of life, diversifying economy, business-friendly government, and relative affordability compared to nearby cities."Ĭonstructed in 1984/1985, Sun Chase offers residents a low-density apartment community with efficiently designed floorplans that include private patios or balconies. ![]() "īascom's Acquisitions Manager, Tom Gilfillan, added "Bascom and its investors were attracted to this well-located, low-density offering with significant unrealized value-add potential in one of the fastest growing markets in the nation. Macro factors such as population growth, employment growth and diversification, and an ongoing housing supply/demand imbalance continue to a foster a highly favorable rental market, positioning Sun Chase to capitalize on these breakout demographic trends. This acquisition offers tremendous opportunity to optimize property operations through institutional property management and a focused renovation program. ![]() Bascom's Senior Principal of Acquisitions, Scott McClave, stated, " Sun Chase is a highly desirable asset as it was previously owner-managed with a focus on maintaining occupancy. ![]()
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