The Jax

JLL has been exclusively retained to offer qualified investors the unique opportunity to purchase fee-simple interest in The Jax (the “Property”), a 322-unit garden multifamily community with exceptional location in Northwest San Antonio. The Jax's large average unit size, superior construction, and partially renovated units allows it to rival class-A properties within the immediate area. The Jax offers significant value-add opportunities through strategic unit renovations and amenity upgrades, allowing for substantial rent premiums- currently renovated units yield up to 17% higher rents over classics. In addition, neighboring comparable properties are achieving up to $300 rent premiums on The Jax, proving the demand in the Northwest submarket. The property enjoys easy access to I-10 and Loop 1604, providing short drive times to San Antonio’s largest economic drivers including the South Texas Medical Center, University of Texas at San Antonio, USAA Headquarters, Valero corporate offices, corporate headquarters of the Security Service Federal Credit Union, and the San Antonio International Airport.

Furthermore, the coveted Northwest location facilitates easy commutes to the city’s top recreational and lifestyle destinations including The RIM, The Shops at La Cantera, and Huebner Oaks Shopping Center. The Jax is well positioned in one of San Antonio's most supply-insulated submarkets (NC2) which only has 0.6% of existing inventory under construction. This strategically positioned asset is primed to capitalize on San Antonio's robust economic growth and strong demographic trends. The Jax presents an enticing opportunity for investors seeking a perfectly situated, quality-construction asset at a steep discount to replacement cost with outsized opportunity for future rent premiums.