RE Journals – Westmount Realty Capital sells garden-style apartment community in San Antonio

Westmount Realty Capital announced the recent sale of Westmount at Cape Cod, an 11-building Class-B garden-style community located at 13030 Blanco Road on the corner intersection of Blanco Road and Wurzbach Parkway. Westmount has owned the property for six years and this year to date, achieved 14% growth on new leases with more than 6% growth on renewals.

Westmount at Cape Cod was built in 1984 and features 212 units, ranging from one- and two-bedrooms averaging 687 square feet. The community spans 145,680 square feet and features a fitness center, a two-tier saltwater swimming pool with spa and an outdoor kitchen. Residents have direct access to Salado Creek Greenway which has more than seven miles of hiking and multi-use trails that can be accessed from a gated entrance at the property. The property also has direct access to Phil Hardberger Park Conservancy, an urban oasis with over 311 acres of park and multi-use land and the Salado Creek Greenway.

 

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