Kairoi Residential Expands San Antonio Portfolio with Acquisition of The Jax

Kairoi Residential expands its San Antonio footprint with the acquisition of The Jax, a 322-unit garden-style community, supported by a $28M Fannie Mae loan.

By: AXL Media

Published: Mar 13, 2026, 6:30 AM EDT

Source: https://www.multihousingnews.com/

Strategic Acquisition in a Shifting Market

Kairoi Residential has finalized the purchase of The Jax, a substantial 322-unit apartment complex situated in San Antonio’s northwest corridor. The deal concludes a three-year ownership period for the seller, FCP. To facilitate the acquisition, JLL Capital Markets not only represented the seller but also secured a $28 million permanent acquisition loan through Fannie Mae. This move signals Kairoi’s continued commitment to its home market, following a similar acquisition of a 336-unit downtown property earlier in 2026.

Asset Profile and Community Infrastructure

The Jax is a classic garden-style development completed in 1996, consisting of 17 three-story residential buildings spread across a sprawling 18-acre site. The property offers a diverse mix of one-, two-, and three-bedroom floor plans with a generous average unit size of 1,063 square feet. The community's infrastructure includes a comprehensive amenity package featuring a swimming pool, a 24-hour fitness center, a clubhouse, a business center, and family-friendly spaces such as a playground and a dedicated dog park.

Strategic Location and Connectivity

Located at 12222 Vance Jackson Road, the property benefits from high visibility and easy access to Interstate 10. This positioning places residents within a two-mile radius of major retail anchors, including Costco, H-E-B, and Walmart Supercenter. Furthermore, the asset is strategically located for commuters, sitting approximately 12 miles from downtown San Antonio and just 8 miles from San Antonio International Airport, making it a highly accessible node for the city's workforce.