ROUND ROCK – California-based Bascom Group has purchased the 300-unit Melograno at Teravista apartment complex at 401 Teravista Pkwy.
Fifty-one percent of the units have one bedroom, 40 percent have two, and 9 percent have three.
The 19-building community is nearly fully leased.
Amenities include a clubhouse, fitness center, pool, picnic areas, and pet park.
HFF represented the seller in negotiations and also arranged debt financing on behalf of the borrower.
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