Vanguard Real Estate Advisors (“VREA”) has been exclusively retained to present developers and investors with the opportunity to acquire a 15.77+/- acre entitled multifamily development site located along East Afton Oaks Boulevard in San Antonio, TX just one block south of Loop 1604 (the “Site”). The Site comes with architectural and engineering plans for a 480-unit, four-story wrap multifamily development which will be conveyed at Closing in addition to select third party reports. A Purchaser will need to resubmit the plans to the City as permits have expired. The property is easily accessible via East Afton Oaks Boulevard and is situated near key retailers like Costco, Walmart, and H-E-B. This prime location offers a great opportunity to acquire a site ready for development at an attractive price of only $22,708 per developable unit.
There are two retail sites adjacent that are being sold together or separately and owned by the same owner. Call for details. 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.