Saxony Capital Management Sells 248-Unit Multifamily Community In El Paso For An Undisclosed Amount

A sale transaction has occurred involving a multifamily asset located at 535 South Mesa Hills Drive in El Paso, Texas. This property, known as Palomar West, comprises 248 units and spans over 10.65 acres. It was built in 1986 and is strategically situated near significant retail hubs and Interstate 10, facilitating access to various employers, shopping centers, and essential regional economic drivers, including Fort Bliss and the University of Texas at El Paso.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 248
• Acres: 10.65
• Seller: Saxony Capital Management
• Brokers: Steven Hahn Jr, Art Barnes & William Jennings - JLL
• Date: 06/17/2026
• Address: 535 South Mesa Hills Drive, El Paso, TX

JLL Capital Markets facilitated this transaction on behalf of the seller, Saxony Capital Management. The involvement of brokers Steven Hahn Jr, Art Barnes, and William Jennings underscores the expertise present in this deal, bringing together essential market knowledge in the multifamily sector.