SAN ANTONIO, TX – DJE Texas Administration Group (DJE), a vertically built-in actual property funding and administration firm primarily based in San Antonio, has closed on The DJE North Portfolio.
The North Portfolio incorporates 600 condominium items all through three condominium communities in North Central San Antonio. The properties are situated at: 12221 Blanco Street, 7302 College Row, and 8631 Fairhaven Road.
The three properties are conveniently situated inside quarter-hour of one another and are located ideally amongst DJE’s different multifamily properties in the identical submarket. DJE Properties, will handle the asset and execute a $5.2M worth add marketing strategy that features a rebrand, property renovations, and operational enhancements. Renovations will embrace the addition of washer/dryer items, amenity upgrades in all items, exterior group constructing and swimming pool upgrades.
Devin Elder, Founder, and CEO of DJE Texas Administration Group is worked up about this massive, multi-asset renovation mission, and is working diligently together with his workforce to coordinate and direct everybody concerned because the mission will get underway. Elder states, “This multi-property renovation mission is not going to solely improve the communities wherein they’re situated, however it can additionally assist to fulfill the town’s rising want for high quality housing.”
Nearly all of property enhancements are anticipated to be accomplished by the tip of 2023. So far, the group has invested in over 5,000 condominium items throughout 17 multifamily actual property belongings. and continues to broaden its portfolio. DJE Texas Administration Group holds agency to its core values and strives to create passive funding methods the place everybody concerned wins.
