Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership (Lender Owned) to offer developers and investors the opportunity to purchase three MF-4 zoned development sites on which you can construct garden style multifamily, senior housing, or build-to-rent (the “Sites”). The Sites are located just southeast of Austin, TX in rapidly growing Del Valle a mile east of TX-130. Additionally, the tracts are close to major destinations in the Austin-Round Rock MSA such as Austin-Bergstrom International Airport (2 mi. North), the Tesla Gigafactory (4.5 mi. North), and Circuit of the Americas (1 mi. Southeast).
The offering is made up of a 26.99+/- acre site (“Tract 1”), a 8.27+/- acre site (“Tract 2), and a 7.73+/- acre site (“Tract 3”) all contained within the larger Moore’s Crossing development/Municipal Utility District. Tract 1 has a concept plan showing 212 townhomes depicting the maximum amount of units allowed per the zoning. Tracts 2 and 3 have concept plans depicting multifamily developments with 172 units and 178 units respectively. The Sites can be bought together or separately.
Pricing:
Tract 1: $5,500,000
Tract 2: $2,400,000
Tract 3: $2,275,000
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 identify and register their client upon initial contact with VREA.