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The Bascom Group Acquires Homestead At Boulder City Senior Housing For $3M

Property Image
SOLD
$3,000,000
Vince Viverito
Jason Punzel
Bradley Clousing
+ 2

Nevada

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Senior Housing
Sold 04/16/2024
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Property Image
SOLD

The Bascom Group Acquires Homestead At Boulder City Senior Housing For $3M

1401 Medical Park Drive

See Similar Deals
Senior Housing
Sold 04/16/2024
Vince Viverito
Jason Punzel
Bradley Clousing
+ 2
the dealplayerscompscontact
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Summary

NEVADA
Asset Type:Senior Housing
Transaction Type:Sale

The Bascom Group acquired Homestead at Boulder City, a seniors housing property in Las Vegas' Boulder City suburb, for $3 million. The property comprises 72 apartments on 6.4 acres, built in 1999. The acquisition includes plans for renovations to upgrade appliances, countertops, lighting, fixtures, and common areas.

Summary of transation details:

  • Property Type: Senior Housing
  • Transaction Amount: $3,000,000
  • Address: 1401 Medical Park Drive
  • Market: Boulder City, Nevada
  • Acres: 6.4

Bradley Clousing, Jason Punzel, and Vince Viverito from Senior Living Investment Brokerage represented The Bascom Group in the transaction. The mortgage brokers involved were Lowell Takahashi and Vincent Punzi from berkadia'>Berkadia. The deal facilitated by berkadia'>Berkadia's debt financing and Senior Living Investment Brokerage's sale arrangement.

Players

Bradley Clousing
Bradley Clousing
3 deals$21M volume
BROKER
Vince Viverito
Senior Living Investment Brokerage
Vince Viverito
4 deals$3M volume
BROKER
Jason Punzel
Senior Living Investment Brokerage
Jason Punzel
4 deals$3M volume
BROKER
Lowell Takahashi
Berkadia
Lowell Takahashi
4 deals$159M volume(949) 608-2059
BROKER
Vincent Punzi
Newmark
Vincent Punzi
4 deals$159M volume(831) 234-1215
BROKER

Details

SOLD
IMAGE: Bradley Clousing, Jason Punzel, Vince Viverito, Lowell Takahashi & Vincent Punzi DATE: 04/16/2024 ADDRESS: 1401 Medical Park Drive MARKET: Boulder City, Nevada ASSET TYPE: Senior Housing ~ ACRES: 6.4 BUYER: The Bascom Group BROKERS: Bradley Clousing, Jason Punzel & Vince Viverito - Senior Living Investment Brokerage MORTGAGE BROKERS: Lowell Takahashi & Vincent Punzi - Berkadia SALE PRICE: $3,000,000 NOTE: The Bascom Group acquired Homestead at Boulder City, a seniors housing property in Las Vegas' Boulder City suburb, for $3 million. Built in 1999, the community features 72 apartments on 6.4 acres, with plans for renovations including upgraded appliances, countertops, lighting, fixtures, and common-area improvements facilitated by Berkadia's debt financing and Senior Living Investment Brokerage's sale arrangement.

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