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Search Land - PRICE REDUCED: 7.3+/- Acre Build-to-Rent or Multifamily Site | San Antonio

PRICE REDUCED: 7.3+/- Acre Build-to-Rent or Multifamily Site | San Antonio

$2,675,000
Kyle Seale Pkwy, San Antonio, TX 78249, San Antonio, TX
Status: Active
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Property Type
Acreage
Commercial Acreage
Condo/Townhome
Acreage
7.3 acres
County
Bexar, TX
Format
Sale
Features
Development Potential
List Date
Jan 19, 2024
Documents
Flyer
Description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to present developers and investors with a unique prospect—the acquisition of a 7.03+/- acre tract designated for build-to-rent or multifamily development (the “Site”) along Kyle Seale Parkway in northwest San Antonio, TX. Notably, the Site has recently undergone rezoning to MF-18, permitting a density of 18 units per acre. The Seller currently has a concept plan in-place reflecting 80 units in a duplex configuration. Moreover, its strategic location directly across from Brandeis High School and Stinson Middle School, coupled with its proximity to The University of Texas at San Antonio, enhances its appeal. This opportunity signifies a compelling chance to establish a luxury multifamily community in one of Texas’ rapidly expanding cities, with a cost basis of only $8.41 per square foot. To access our online Due Diligence Vault please use the following link: https://docsend.com/view/s/mqvwvtzdb3dsw... A 2.5% co-broker fee is available to a Broker that sources a principal that VREA has not previously contracted or sent information to regarding this opportunity.
Listing Agent
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Jordan Cortez
Co-Op Member Owner
Vanguard Real Estate Advisors
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