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The Legend
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The Legend

San Antonio, TX
Property Information
Property Type
Multifamily
Number of Units
480
Build Type
Value-Add
Completion Date
2022
Property Overview

The Legend is a 480-unit multifamily community on San Antonio's Far West Side, pairing comfortable finishes and inviting community spaces with quick access to major employment corridors and regional routes.

The Legend offers one-, two-, and three-bedroom apartment homes with renovated interiors and resident amenities designed for everyday living. Its scale and location support stable demand across San Antonio's growing west-side submarket.

Case Study

Investment Thesis & Execution

Acquired as a value-add opportunity with a renovation program focused on unit interiors, common-area upgrades, and professionalized operations. The team executed a phased renovation strategy while protecting occupancy, strengthening NOI through improved rents and expense discipline across this large San Antonio asset.

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The Jaxon exterior
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Property Website

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.

Connect with our capital markets team to learn more, or visit the property website to explore the community.

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