Bascom grows holdings in Southeast

Closes on large multifamily deal

The Bascom Group LLC acquired the Copper Mill Apartments, a 320-unit complex in Norcross, Ga., for approximately $11.2 million. Dunwoody Forest Associates LLC sold the property, which is located at 6860 Bebout Drive. It was constructed in 1974, and includes 166 one-bedroom apartments, 128 two-bedroom apartments, and 26 three-bedroom apartments. Amenities at Copper Mill include a clubhouse, fitness center, pool, spa, tennis court/soccer court, and playground. Unit sizes range from 660 to 1,127 square feet with an average of 871 square feet. Irvine, Calif.-based Bascom is an active buyer of multifamily properties throughout the western and southern United States. ...