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Texas  + San Antonio  + Apartments  | 
OREI San Antonio

Axio Apartment Community Sold To Miami Group

The 360-unit San Antonio multifamily complex was bought by One Real Estate Investment (OREI), a Miami Beach firm. Built in 1985, the Axio was due for a renovation. OREI put $6 million into the common areas and the units.

Axio is OREI’s second multifamily acquisition in San Antonio and has a number of other holdings in the Texas towns of Houston, Dallas, College Station and Austin. It has acquired and sold over 11,000 apartment units nationwide since 2001.

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About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.

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    Cap Rate:5.99
    Average Occupancy:86
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    Opportunity Zone:No
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