Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase a 19.8+/- acre multifamily development Site located along Hunter Road, less than a half mile northwest of Interstate 35, in San Marcos, TX (the “Site”). The Site comes with fully engineered plans for a 297 unit, 3-story garden-style build out which will be conveyed at closing alongside select third party reports. The Site is accessible via Hunter Road and is close to the San Marcos Premium Outlets along with other retailers such as HEB, Starbucks, and Target. This well-located Property is a great opportunity to acquire an entitled site at an attractive price of only $22,559 per developable unit. A 1.25% 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; co-brokers must register their client with VREA at initial contact.