
The Jax
12222 Vance Jackson Rd, San Antonio, TX, 78230-5936, US
322 單位
Jones Lang LaSalle (“JLL”) has been exclusively retained to offer qualified investors the opportunity to acquire The Social Amherst (the “Property”), a 107-unit, 223-bed, 100% market-rate asset strategically positioned minutes from UMass Amherst in Sunderland, Massachusetts. Originally constructed in 1969, the Property has undergone extensive improvements, with 88 units (82%) of units renovated – 42 units by current ownership and 46 units completed by the previous owner. These renovated units command a compelling premium (25%+) over unrenovated units at the Property, demonstrating clear value-add potential for an incoming investor through renovating the remaining 19 units.
The Property features a diverse mix of units ranging from studio to five-bedroom floorplans across both traditional apartments (33% of units) and townhome-style residences (67% of units). The Property provides the stability of proven operations, including a 99.5% occupancy rate as of September 2025 and an impressive 96.4% average occupancy since 2022, in addition to 43.6% rent growth and 55.8% NOI growth over the same period. Despite this robust historical performance, The Social Amherst still presents significant upside potential with in-place rents remaining 40%+ below newly constructed properties in the submarket, providing substantial rent growth opportunities while maintaining competitive positioning as a lower-cost alternative to new construction.
The Social Amherst benefits from an exceptional location directly adjacent to Route 116, offering seamless connectivity to UMass Amherst (8 minutes), Amherst College (12 minutes), and Downtown Amherst (12 minutes), while maintaining access to walkable local amenities and public transit via the adjacent Sunderland Plaza PVTA stop. The Property’s proximity to UMass Amherst – New England’s largest public research university and the #26 ranked public university nationally – ensures consistent demand from a substantial student population exceeding 31,000, with 41% of students residing off-campus. As the cornerstone institution of Massachusetts’ university system and one of the region’s largest employers supporting over 15,000 positions, UMass Amherst provides institutional stability and perpetual demand generation.
The Social Amherst’s proven performance & significant upside potential positions the Property as an exceptional investment opportunity in one of New England’s most dynamic student housing markets.
Proven Property Performance: The Social Amherst exhibits consistently strong demand, as evidenced by the current occupancy rate of 99.5% and average occupancy of 96.4% since 2022. This consistent demand has resulted in significant income growth in recent years, with 43.6% rent growth and 55.8% NOI growth since 2022.
Compelling Value Add Opportunity: 88 units (82%) of units at the Property have been renovated. These renovated units command a compelling premium (25%+) over unrenovated units at the Property, demonstrating clear value-add potential for an incoming investor through renovating the remaining 19 units.
Proximity to UMass Amherst: Demand at the Property is bolstered by its proximity to UMass Amherst, home to over 31,000 students, 41% of which live off campus. Per the 2025 U.S. News & World Report Rankings, UMass Amherst is the #26 ranked public university in the nation, maintaining its position as a top public university for 10 consecutive years. The University now places in the top 15% of all national universities and stands as the only public university in New England to rank in the top 30.
Premier Accessibility: The Social Amherst is located directly adjacent to Route 116, providing connectivity to Downtown Sunderland (5 minutes), UMass Amherst (8 Minutes, 31,000+ Students), Amherst College (12 minutes, 1,900+ Students), and Downtown Amherst (12 minutes). The Property benefits from exceptional public transit access via the adjacent Sunderland Plaza PVTA stop, offering direct bust routes to UMass Amherst, Amherst College, and Downtown Amherst.