E Afton Oaks San Antonio TX 78232 blvd - Residential LAND FOR SALE


San Antonio, TX 78232 686,941 SF
$10,900,000 USD
214-556-1951
E Afton Oaks San Antonio TX 78232 blvd, San Antonio, TX for Sale
$10,900,000 USD
Residential LAND - FOR SALE
1/3
686,941 SF

E Afton Oaks San Antonio TX 78232 blvd
San Antonio, TX 78232


HIGHLIGHTS

  • The 15.77+/- acre Site is well located along East Afton Oaks Boulevard directly south of Loop 1604, providing convenient access to San Antonio.
  • This Site also connects seamlessly to major highways, including Interstate 10, Interstate 35, and U.S. Route 281.
  • The Site is within the highly rated North East Independent School District (NEISD), which holds an A grade from Niche.com.
  • Zoned C-2, MLOD-1, MLR-1, ERZD, the property allows for multifamily development of up to 33 units per acre.
  • The Seller has prepared a set of engineering and architectural construction plans, for a 480 unit wrap development which will be conveyed to the buyer
  • Per the Seller, the Site is ready for immediate development, reducing lead times and positioning the property as a prime opportunity for investors.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$10,900,000 USD

PRICE/ACRE

$691,186/AC

PRICE/SF

$16 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Multifamily Development Site 15.77+/- Acres

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family, Apartment Units

LAND ACRES

15.77 AC

LAND SF

686,941 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

C-2 MLOD-1 MLR-1 ERZD

APN/PARCEL ID

17231-000-0031,17231-001-0012

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.