Westmount Realty Capital announced the recent sale of Westmount at Cape Cod, an 11-building Class-B garden-style community located at 13030 Blanco Road on the corner intersection of Blanco Road and Wurzbach Parkway. Westmount has owned the property for six years and this year to date, achieved 14% growth on new leases with more than 6% growth on renewals.
Westmount at Cape Cod was built in 1984 and features 212 units, ranging from one- and two-bedrooms averaging 687 square feet. The community spans 145,680 square feet and features a fitness center, a two-tier saltwater swimming pool with spa and an outdoor kitchen. Residents have direct access to Salado Creek Greenway which has more than seven miles of hiking and multi-use trails that can be accessed from a gated entrance at the property. The property also has direct access to Phil Hardberger Park Conservancy, an urban oasis with over 311 acres of park and multi-use land and the Salado Creek Greenway.
Westmount has made significant interior and exterior renovations including extensive remodeling of the clubhouse/leasing center, relocation and renovation of the fitness center, refreshed landscaping, new signage, new air conditioning units and upgraded mechanical systems. Additionally, 147 interior units were upgraded and refreshed with faux wood plank flooring throughout the property, new lighting and plumbing fixtures, resurfaced countertops and new stainless-steel appliances.
San Antonio was ranked the fastest growing city in America according to the U.S. Census Bureau. Nearly 14,000 people moved to the area between 2020 and 2021.