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

Description:

Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers or users the opportunity to purchase a 15.41+/- acre multifamily development Site located at the southeast quadrant of WT Montgomery Road and Highway 90 in San Antonio, TX (the “Site”). The Site is part of a larger mixed-use development which will consist of single-family homes, retail, and a self storage facility.

The Site is accessible via WT Montgomery Road and US Highway 90 which is close to major employers including Amazon, Lackland Air Force Base, and Toyota. The Site has a Utility Service Agreement in place that currently allows for up to 400 units of multifamily to be developed. This Site is located outside the San Antonio city limits and per ownership, a variety of uses including commercial could also be developed.

This exceptionally well-located Site is a great opportunity to acquire a multifamily tract within a mixed-use development at an attractive price of $8.00 per square foot ($13,427 per unit). Ownership may also consider expanding the offering up to 24.23+/- acres if needed.

To gain access to the Due Diligence Vault click on the link below:
https://docsend.com/view/s/4yqsbvd44pwwqpfy

A 2.25% co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity; a third party broker must register their client upon initial contact with VREA.

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