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.

Salt Lake City, Utah
Renovation Budget
$3.8M (13,000/ unit)
Debt Partner
Mass Mutual Life Insurance Co.
Equity Partner
Babson Capital- Mezz