A 420-unit apartment community in Aurora, Colo., has been sold for $24.3 million, according to The Bascom Group, LLC.


Bascom Group purchased the property, known as the Four Horizon Apartments, that is located at d14304 E Tennessee Ave., in Aurora. The sale closed on Oct. 11, according to Bascom.


The seller of the property was FSM Four Horizon, LLC, a Colorado limited liability company.


Four Horizon Apartments was completed in two phases; Phase 1 in 1980 and Phase 2 in 1982. The apartment community consists of 35 three-story buildings with one and two bedroom apartments with an average unit size of 850 square feet. The spacious apartments are also appointed with individually controlled central heating and air conditioning, washer/dryer hookups, wood burning fireplaces, patios/balconies and vaulted ceilings (select units).


The Bascom Group is a private equity firm that was founded in 1996.


What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription