Castilleja – Phase I
El Paso, TX
- Vintage: 2009
- Units: 248
- Acquisition: 2021
Investment Thesis
Phase I marked Ortsac Capital Group’s entry into the El Paso market, targeting a submarket with limited new supply, strong affordability, and durable rental demand. With 248 Class A units and proximity to key employment anchors such as Fort Bliss, El Paso International Airport, and Del Sol Medical Center, the acquisition provided immediate scale and stability. Phase I demonstrates our disciplined approach to acquiring institutional-quality assets in high-growth markets to generate consistent cash flow and long-term value creation.