Clipper Capital Group Acquires 292-Unit Park Place Apartments in Las Cruces, NM

Clipper Capital Group is pleased to announce the acquisition of Park Place Apartments in Las Cruces, NM. The Company closed on the property on May 27, 2021.


Located at 3245 E University Ave, Park Place Apartments was built in 2000 and comprises a mix of one-, two- and three-bedroom floor plans. Community amenities include two sparkling pools, a dog park, outdoor grilling areas, a business center, and in-unit washer and dryer connections.


Park Place Apartments is the ninth property in the Clipper Capital Group portfolio and adds 292 residential units in the Las Cruces, NM area.