City Harbor

The Jaxon is a premier multifamily community near Lake Houston in Kingwood, offering modern living with premium amenities and a prime location near major employment centers and entertainment districts.

The Jaxon features 312 apartment homes with a mix of one-, two-, and three-bedroom floor plans. Community amenities include a resort-style pool, fitness center, co-working lounge, and pet spa, all positioned within easy reach of everyday convenience and Houston's growth corridors.

Acquired in mid-2021 with a value-add thesis centered on interior renovations, amenity upgrades, and professionalized on-site management. Within 18 months, the team completed unit renovations across 70% of the community, launched a new resident experience program, and implemented dynamic revenue management. Rental rates increased 22% while occupancy held above 96%, driving meaningful NOI growth and a revaluation well above the purchase price.