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Re-Branding to Go With Recent Multifamily Acquisition

SAN ANTONIO—As one of the fastest-growing large US cities, San Antonio has experienced strong and steady job growth, and the property's location allows residents to commute to the city's major employers.

By Lisa Brown | lisabrown | Updated on December 06, 2016

Westmount at Cape Cod The multifamily property will be rebranded as Westmount at Cape Cod.

SAN ANTONIO—The Cape Cod, a class-B garden-style apartment property, is located at 13030 Blanco Rd. Built in 1984, the community has 212 one- and two-bedroom units in 11 two- and three-story buildings. Westmount Realty Capital recently acquired the Cape Cod and is rebranding the 145,680-square-foot apartment community as Westmount at Cape Cod.

“Cape Cod is a well-maintained vintage class-B property with considerable upside potential through additional amenity offerings, exterior renovations and unit interior upgrades,” Michael Anderson, senior director-acquisitions at Westmount tells GlobeSt.com. “Westmount has had continued success across its portfolio in boosting rents through these types of value-add renovations.”

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