Preserve Partners Acquires O'Connor Oaks Multifamily Property From JMB Group In San Antonio

O’Connor Oaks is a 165-unit multifamily property located at 13658 O'Connor Road in San Antonio. The asset includes four acres of land for potential development and features existing community amenities such as two pools and a dog park, making it a value-add opportunity. It is situated near major employers and retail options, further enhancing its attractiveness in the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not specified
• Units: 165
• Address: 13658 O'Connor Road
• Market: San Antonio
• Buyer: Preserve Partners
• Seller: JMB Group
• Brokers: Chase Easley & Jim Young - Newmark

Newmark facilitated the sale of the asset from JMB Group to Preserve Partners, highlighting the role of Chase Easley and Jim Young as brokers in this transaction. This deal showcases the collaboration between the buyer and seller representatives to effectively complete the transaction for the multifamily property.