Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer developers and investors the opportunity to purchase a 12.28+/- acre entitled multifamily development Site less a mile from Interstate 35 along Sophie Lane in New Braunfels, TX (the “Site”). The Site comes with fully designed plans for a 378 unit, 4-story, garden-style build out which the Seller will convey at closing. The Site is close to major retailers such as Target, TJ Maxx, Home Goods, and Buc-ee’s in addition to numerous restaurants. This exceptionally well-located Site is a great opportunity to acquire a “shovel ready” site at an attractive price of $22,486 per developable unit. 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.