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DALLAS-With 650 neighboring units, the Bascom Group LLC hasscooped up another 208 in an off-market transaction to bolster theentire value-add of the rental block. Sources say the deal wasinked for less than $4.3 million.

The latest take-down is Olympus Apartments at 12825 Jupiter Rd.Four months ago, the Irvine, CA-based Bascom picked up the Enfieldand Stoney Creek apartments at 11330 and 11333 Amanda Lane. RyanAkins, Bascom's regional director in Texas, tells GlobeSt.com thatthe class C-plus Olympus, much like its class B neighbors, will berenovated, re-branded and re-marketed. But at the heart of the dealis a plan to keep it intact as the lowest priced rentals in itsnortheast Dallas neighborhood. "What we like about this deal wasthe relative low cost per unit," he says, "and the opportunity towork our way up from the lowest rents in the submarket."