Case Studies

Villas de Sendero

San Antonio, Texas

Villas de Sendero is a 209 unit class B multifamily property located in the Westover Hills area of San Antonio’s northwest side.

Homes average 747 square feet and include ceiling fans, mini-blinds, plush carpet, faux wood floors, spacious closets, bathrooms with tile surrounds, ceiling fans and private patios/balconies. Select units include black appliances, brushed nickel hardware/fixtures, granite countertops, modern lighting package, and patios/balconies.

Praxis acquired the property and invested $8,300 per unit, upgrading interiors, replacing roofs, painting the exterior and numerous other cosmetic enhancements.

Year Built: : 1984
Units: : 209
Rents at Acquisition : $807

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