McKinney’s Orchid Apartments under new ownership after being purchased for $20.4 million

Orchid Apartments, 2700 N. Brook Drive, McKinney is now under new ownership as The Bascom Group purchased the complex in early September for $20.4 million. The apartments were built in 1997 and consist of 260 units and a leasing center. According to a news release, Bascom plans to renovate the apartments to better reflect the needs of McKinney’s rental community. 972-569-3800.

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