17.26+/- Acre Multifamily Development Site | San Antonio, TX

Highlights:

• The 17.26+/- acre Site is strategically located along Stone Oak Parkway, less than a mile west of U.S. Route 281 and just three miles north of Loop 1604.
• The Site has proximity to major employers including the JP Morgan Chase San Antonio Corporate Center, which employs over 1,900.
• The Site falls within the highly acclaimed North East Independent School District (NEISD), which boasts an A-ranking on Niche.com.
• The property is zoned MF-25, MLOD, ERZD, which permits the development of up to 25 units per acre.
• San Antonio’s population reached 2,703,999 by the end of 2023, a 5.27% increase from 2020, as reported by the U.S. Census Bureau.
• Within a three-mile radius of the Site, the median household income averages $111,154, according to Esri.
• As one of the fastest-growing cities in the United States, San Antonio benefits from a culturally rich and economically diverse population, supporting sustained investment and continual demand.

Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 17.26+/- acre zoned multifamily development Site located along Stone Oak Parkway in San Antonio, TX. The Site is accessible via Stone Oak Parkway, less than a mile west of U.S. Route 281 and approximately 3-miles north of Loop 1604. The Seller has a conceptual layout reflecting 420 units. The Site is close to major retailers such as H-E-B, and major employers such as JP Morgan Chase. This exceptionally well-located Site is a great opportunity to acquire a property where development quickly can commence at an attractive price of only $28,571 per developable unit.

To gain access to the Due Diligence Vault click on the link below:
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A 1% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information regarding this opportunity; a third-party broker must formally register their client upon initial contact with VREA.

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